Top 5 FSA and HSA Eligible Items for Stress-Free Back-to-School Shopping

Top 5 FSA and HSA Eligible Items for Stress-Free Back-to-School Shopping

by | Aug 1, 2024 | Blog

As the back-to-school season approaches, parents and students are preparing for the new academic year. Beyond the usual school supplies, there are many health-related items eligible for purchase using your Flexible Spending Account (FSA) or Health Savings Account (HSA). These tax-advantaged accounts can help you save money on essential health products that support your child’s well-being throughout the school year.

1. First Aid Supplies

Accidents happen, especially on the playground or during sports activities. Stock up on first aid essentials like bandages, antiseptic wipes, and cold packs. These items are crucial for handling minor injuries promptly.

2.  Contact Solution

If your child uses contact lenses, ensuring they have the right contact solution is essential for maintaining eye health and comfort. Both prescription glasses and contact lenses are eligible expenses, so make sure they have a clear view of the blackboard and their textbooks.

3. Over-the-Counter Medicines

Having a stock of over-the-counter (OTC) medicines can be a lifesaver for managing common ailments like colds, allergies, and headaches.

4. Acne Treatment

Managing acne is crucial for your child’s confidence and skin health. Various acne treatments, including creams, gels, and cleansers, are eligible for purchase with your FSA or HSA.

5. Sunscreen

Protecting your child’s skin from harmful UV rays is important year-round. Ensure you have an adequate supply of sunscreen, particularly if your child spends a lot of time outdoors.

Leveraging your FSA or HSA for back-to-school shopping not only ensures your child is well-prepared but also helps you save on essential health-related products. By planning ahead and purchasing these eligible items, you can take advantage of the tax benefits these accounts offer.

For a complete list of eligible FSA and HSA back-to-school items click here.

For more information on all FSA and HSA eligible items, visit the FSA Store.

10 items you may not know are HSA-eligible

10 items you didn’t know were FSA-eligible

by | May 2, 2022 | Blog

As you may know, anyone who has a flexible spending account (FSA), can use their contributions to cover doctor visits (preventative, primary care, and specialists) and prescriptions. However, what you might not know is that any saved FSA dollars can also cover these commonly used products and services.

  1. Dental services: including orthodontics
  2. Vision products and services: including corrective procedures such as LASIK
  3.  Therapeutic services: including physical therapy & chiropractic care
  4. Diagnostic procedures: including labs, scans, imaging
  5. Mental health services: including psychiatric care, therapy & counseling
  6. Medical supplies: including bandages, crutches, wheelchairs
  7. Over-the-Counter Medications: such as Tylenol, Advil, Zyrtec
  8. Fertility treatments: such as IVF, or birth control products
  9. Baby care items: such as breast pumps & supplies
  10. Long term care: including nursing services

To learn even more about FSA eligible items, check out our extensive list.