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I have an FSA. If it looks like I might have money at the end of the year I stock up on over the counter stuff, cold medicine for us and the kids, ibuprofen, h
by camiller 16y ago
I have an FSA. If it looks like I might have money at the end of the year I stock up on over the counter stuff, cold medicine for us and the kids, ibuprofen, hearing aid batteries (for my 9 year old son), maybe an extra pair of glasses for one of us (in fact if I have enough this year I'm getting prescription sunglasses). Heck even band-aids are an eligible expense. It's pretty easy to come up with something to spend that excess on that you will use. One of my son's hearing aids is getting close to it's expected end of life so I will be budgeting to buy a new one next year. So far I have never had a year where I couldn't use the money by the end of the year.
One thing to note, after this year over the counter meds (like ibuprofen) won't be eligible without a prescription, but band-aids still will be so thanks government for making the program less useful.