Gym memberships are not eligible in a Health Spending Account. However, a gym membership would be eligible in a Wellness Spending Account since it is a taxable spending account. Can I buy a Fitbit with my HSA? A fitness tracker device, such as a Fitbit, is only eligible for reimbursementRead More →
If you are taking nutritional supplements for general health purposes, those cannot be paid for from your HSA. But, if your healthcare provider recommends you take a supplement to treat or prevent a specific health condition, it would be considered an eligible expense. Are vitamins FSA eligible 2021? If yourRead More →
Shoe inserts. If you need some extra support in your shoes, your shoe inserts may be an FSA-eligible purchase. Generally, orthopedic shoe inserts are eligible if they’re being used to treat, alleviate or prevent a medical condition or disease. The most common type is an arch support, according to theRead More →
The term “vision insurance” is commonly used to describe health and wellness plans designed to reduce your costs for routine preventive eye care (eye exams) and prescription eyewear (eyeglasses and contact lenses). Can I insure my glasses? Eyewear protection with glasses insurance is offered when you purchase your glasses, thisRead More →
Simply contact your original HSA provider and request a trustee-to-trustee transfer. This process bypasses the rollover once-every-12 months rule. Plus, it doesn’t reduce your HSA maximum contribution limit for the year. In addition, you can roll over funds from your IRA to an HSA utilizing the same process. How muchRead More →