Did you know?
Flexible spending accounts (FSAs) are established by your employer. They are pre-taxed payroll deductions that can be used to pay out of pocket health care costs, including eye glasses, prescription sunglasses and contact lenses.
If you don’t use your FSA funds by the end of the year you may lose them.
Your FSA can be used in conjunction with insurance, although insurance is not necessary to have a Flexible Spending Account.
Go to the IRS page for more information