Orders returned during this period must not arrive any later than 5pm on. Because of this, it is important to plan ahead for how much should be allocated to the flexible spending account based on medical expense needs.Īll orders placed between and have been extended for returns till. How long does a flexible spending account last?Īnswer.An FSA typically lasts for one year, or until a time when the coverage would end (end of employment, for example). In some flexible spending accounts, other medical expenses beyond health plan coverage, like over-the-counter drugs or dental/vision costs, are covered.Īnswer.Flexible spending accounts are used by paper claim forms, or by use of a flexible spending account debit card, more frequently known as a Flexcard.Īnswer.A Flexcard is used in the same fashion as a standard bank-issued debit card, as many of them bear a Visa?or MasterCard?logo on them. What expenses are covered with an FSA?Īnswer.Expenses that are covered are usually those which a health plan or insurance do not cover, such as deductibles, doctor visit co-pays, or coninsurance. Used to cover a variety of medical expenses. Their income, before payroll taxes, to a special account that can be Offers the FSA plan to their employees, which allows them to deduct a portion of New ways to save and spend when it comes to your medical expenses. A flexible spending account, or FSA, is one of the best What is a medical Flexible Spending Account?Īnswer. Flexible Spending Account (FSA) - Questions and Answers

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