Can I Use My FSA or HSA to Get My New Vicci Glasses?

If you're considering using your FSA or HSA to buy a trendy new pair of Vicci glasses, you're making a smart move! Both Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs) offer a convenient way to manage your vision-related expenses, including those stylish new frames.

What are FSAs and HSAs?

• FSAs (Flexible Spending Accounts): These accounts allow you to allocate pre-tax dollars from your paycheck toward qualified medical expenses. FSA funds generally need to be used within the year, or you risk losing the remaining balance.
• HSAs (Health Savings Accounts): HSAs are designed to work alongside high-deductible health insurance plans. Pre-tax contributions can be saved and rolled over from year to year. If you have remaining funds, you can even use them in retirement to help cover medical expenses.

Vision Expenses Covered by FSA/HSA

Good news for your eyes (and your wallet!) – here's what FSAs and HSAs typically cover:

• Prescription Eyeglasses: Your FSA/HSA can pay for any prescription glasses you need, including reading glasses, progressives, computer glasses, and more!
• Prescription Sunglasses: Protect your eyes in style with prescription sunglasses paid for by your FSA/HSA.
• Eye Exams: Regular eye exams are key to healthy vision, and FSA/HSA funds can cover the cost.
• Contacts and Solutions: Stock up on contacts, cleaning solutions, and cases using your account balance.
• Other Expenses: Safety goggles, LASIK surgery, even copays and deductibles – FSA/HSAs can cover a surprising variety of vision costs.

Important Notes:

• Confirm Coverage: Double-check with your FSA/HSA provider to be sure of the specific expenses they cover. Some items may be considered borderline cases.
• Not Everything is Included: You can't typically use FSA/HSA funds for non-prescription glasses, sunglasses, or extended warranties.

Upgrading Your Eyewear with Your FSA or HSA

Ready to elevate your eyewear game with Vicci? You can purchase as many pairs of glasses as you like using your FSA or HSA funds, so it's the perfect time to splurge a little. Treat yourself to those frames you've been eyeing—your health savings account has got you covered!