Spend your FSA money now before you lose it

For taxpayers who have a healthcare FSA account, they know that they must spend those funds before the end of the tax year or lose them.  However, the tricky part is finding ways to spend the money that are allowable under the tax code.  For example, you cannot stock up on over-the-counter medications but you can purchase various types of home healthcare equipment.  If you suspect that your child may need orthodontia, this would be the time to brighten their smile using your tax-free FSA account.

For more ways to spend your FSA money read, “15 Uses For Healthcare FSA Money.”