Time to Use or Lose Your Flexible Spending Account Funds
By: Donna Ray Berkelhammer. This was posted Friday, December 10th, 2010
Bankrate.com has a great reminder about year-end deadlines for Flexible Spending Accounts. Check your balances and your company’s policies, or you might leave some benefit dollars on the table. Also remember that next year, most over-the-counter medications (such as cough syrup, pain relievers, allergy medicines, and antacids) will require a prescription to be eligible for reimbursement from your FSA. I’m stocking up now to use up my excess FSA funds.