How An FSA for Vision Care Works
What exactly is an FSA? When you sign up for an FSA, money from each paycheck is automatically deposited into an account. You can use this account to pay for health expenses that aren’t covered by insurance. You decide on the amount in advance, and since the contributions aren’t taxed, each dollar goes farther. An FSA can provide you with tax-free dollars to use toward any eye care expenses not covered by your vision insurance plan.
Is there a catch?
Just one: use it or lose it. So don’t wait until the end of the year. Schedule your eye exam anytime in the year, prior to your FSA’s deadline to take advantage of this great benefit.