There are two types of people in this world: the person who panics when they remember they have FSA dollars to use, and the person who is overjoyed when they remember they have FSA dollars to use. On second thought, there’s probably three types of people. There’s also the person who doesn’t even know they have an FSA. All three of these people are at risk of letting their FSA dollars expire at the end of the year. Because believe it or not, most FSA dollars do. You might be wondering, “What about my HSA?!” While HSAs don’t expire at the end of the year, they also leave many people wondering what they can be used on. So, as 2021 ends (although it somehow still feels like March of 2020), let us break down everything you need to know to get yourself a fresh pair of glasses with your FSA or HSA.
What is a Flexible Spending Account and a Health Savings Account?
A Flexible Spending Account (FSA) and Health Spending Account (HSA) are types of savings accounts that can be used on health expenses and come with the blessing of tax-free dollars. The two primary differences between the accounts are 1) you own your HSA while your employer owns your FSA, and 2) most FSA dollars expire at the end of each calendar year.
What Can You Use Your Flexible Spending Account and Health Savings Account On?
Most people use their HSA and FSA on doctor visits, but there lots of less popular
(and arguably, more exciting) ways to spend your sweet, tax-free dough. Planning your next beach vacation? Buy yourself some sunscreen. Watching what you eat? How about a new scale? Experiencing joint pain? Purchase a weighted heating pad for at-home, soothing, heat therapy. Yes, relaxing joint pain does fall under the category of exciting.
Can You Buy Glasses With Your FSA Account?
As you’re reading this blog on an eyewear company’s website, you’re probably waiting for the part where we tell you that you can buy new glasses with your HSA and FSA. This, dear reader, is that part. So, grab your current glasses and read about how you can add more to your collection. With your HSA and FSA, you can buy a variety of glasses.
For example:
-
-
Available in diopters from 0.00 to +4.00. If you’re not sure what your strength is, take our reader strength test and find out.
-
-
-
Designed to be worn all day. Nice, right? Featuring a progressive lens and reader magnification in the lower part of the frame, half the magnification in the middle, and no magnification at the top.
-
-
-
Protect your eyes from harmful, artificial blue light emitted by digital screens.
-
-
-
Correct for one field of vision, either distance or reading.
-
-
-
Get clear, seamless vision for distance, computer use, and reading all in one lens.
-
-
-
Protect your eyes from the sun with a classic polarized lens or a reader sunglass lens customized with your diopter strength.
-
Learn more about all the lens types eyebobs offers.
If you know us, you know that our frames are designed to be just as fashionable as they are functional, so using your HSA/FSA on new eyebobs is how you can get a new accessory for your wardrobe and your vision corrected in one tax-free purchase. Cue the phrase: Two birds, one stone.
Reminder: Most FSA Dollars Expire at The End of The Year.
If the Christmas section at Target and the sudden, aggressive craving for peppermint weren’t enough, here’s your reminder that the end of the year is quickly approaching. It’s true; most FSA dollars expire immediately after everyone shouts, “Happy New Year!” If this is true for you, ensure your valuable funds don’t go to waste and buy some eye-catching eyewear.
How to Use Your HSA/FSA To Buy Glasses at eyebobs
Okay, you’re ready to use your HSA/FSA on stunning new spectacles. But
where do you start? If you’re looking to start a trend, peruse our new styles. We pride ourselves on making eyewear so bold that you’ll be excited you need glasses, and we’ve created a boldest-of-the-bold collection for those that go big or go home. You can also shop by men’s and women’s. And for those of you that read reviews religiously, we’d steer you towards the best-sellers before anything else.
You can use your HSA/FSA debit card when you check out your new eyebobs, or request reimbursement if your HSA/FSA provider offers it. If you have any questions regarding use of your HSA/FSA funds, please contact your provider. If you have any questions about kick ass eyewear, give us a call at 1-866-393-2627.
