If you are someone who makes use of FSAs, or Flexible Spending Accounts, then you need to make sure that you get your annual eye exam before the end of the year. Once the new year starts, the funds you have deposited in your FSA account throughout the working year will expire and be unusable towards the things you need. You can get a new pair of glasses, a set of contacts, or anything else you need related to optical care using the money in your FSA. Many people like to put money in their FSA because it allows them to pay for glasses or contacts with money that is untaxed; funds in a FSA account are deposited before taxes are taken out, and you aren’t required to pay taxes on any of the money from the account that gets used towards healthcare.
Why You Need Your Eye Exam Before the End of the Year
You should be seeing Miami eye doctors at least once per year just to be sure that your eyes and vision are in good health. If you have a FSA, then you need to be sure you get your eye exam done for many reasons.
- As people get older, their vision can change for many reasons. Getting eye examinations each year allows people to keep their glasses or contact prescription up to date, reducing potential problems from wearing the wrong prescription.
- Those who use a FSA can ensure that their money is not wasted by getting a new pair of glasses, even if their prescription has not changed. Many people like to keep several pairs on hand just in case they want to match them with a particular outfit, and it’s always good to have some spares.
- You can also use the money in your FSA to pay any copays that your eye doctor charges, not just for glasses or contacts.
Saving as Much Money as Possible
When you are getting ready for the new year, it’s important to be sure that everything is taken care of and that you are properly prepared. If you are already prescribed eyeglasses in Miami Beach, then you may want to consider getting a set of contacts as well. Also, you could get multiple pairs of glasses so you have some that you keep in your car, some you use for reading, and some you use at work. If you find yourself buying multiple pairs of glasses throughout the year because you misplace or break them often, then consider getting as many pairs as you can with the remaining funds in your FSA at the end of the year. You can save a lot of money by using your FSA funds for glasses instead of buying them out of pocket during the year.
Originally posted 2017-04-26 14:32:43.