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Flexible Spending Accounts (FSA)
10 HSA and FSA expenses you can buy for under $10
With winter (and flu season) nearly here, millions of Americans are striving for virus prevention and preparedness, especially in light of the COVID-19 pandemic. When the CARES Act was signed into law last year, it permanently expanded the range of products eligible for purchase with health savings account (HSA) and flexible spending account (FSA) funds.
It’s as important as ever to be aware of how to put your HSA or FSA dollars to work. Here are 10 items under $10 you can purchase with your HSA or FSA funds that will help you during this time.
Remote employees
Working from home can be convenient and flexible, but it can also present issues such as increased eye strain, aches from sitting longer than usual, and tension from spending too much time on devices. If you’re working from home or experience any of these types of issues, these four products can reduce some of the stress in your home office:
- Hot/cold physical therapy disc
- Multi-symptom eye drops
- Thera-Med headache ice pack relief band
- Wrist support brace
Items for kids
If you have children, they may be rambunctious from being cooped up, or they may be dealing with normal kid stuff – like teething or fighting a cold as the season changes. Your HSA or FSA has your back whether your kiddos have bumps that need soothing or noses that need wiping. Here are three products that can help your kids thrive:
- Orthodontic pacifier
- Ear syringe/nasal aspirator
- Boogie wipes
Self care
Even during social distancing, busyness and self-care needs don’t go away when you clock out or put the kids to bed. If anything, you have to be “on” more than ever right now (even if your new favorite work shoes are slippers). These HSA- and FSA-eligible items can help you take care of yourself as you juggle a busy schedule.
Would you like to learn more about enrolling in an HSA or FSA? Watch our Benefits podcast episodes below.
The information in this blog post is for educational purposes only. It is not legal or tax advice. For legal or tax advice, you should consult your own counsel.
To discover the ways we simplify benefits for everyone, visit the WEX Benefits Platform.