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Rehab-Store offers a wide selection of health and fitness products that are FSA eligible. If you still cannot decide what to do with those unspent FSA dollars, consider investing them for your health by purchasing healthcare and medical supplies at Rehab Store. All you need to do is to pull up your FSA plan and rustle through a products covered by your FSA account. All the eligible items are marked with an FSA eligible symbol and are easy to identify at Rehab Store. Just add them to cart and checkout with your FSA Debit Card. It’s that simple. This way you will not lose your hard earned money on unnecessary expenses that you will make out of the fear of losing the FSA dollars at the year end.
Before you decide to buy products with your FSA card please make sure there are no restrictions from your employer that your plan may have. You must first check the eligibility requirements of your FSA Plan.
FSA or flexible spending account is a benefit plan given to employees of an organization by the employer. It allows employees to pay for medical expenses for themselves and their family. A certain sum of money is deducted every year from the employee’s pre-tax salary to cover the cost of medical supplies and healthcare essentials. FSA provides a great way to reduce tax deductions while saving money on healthcare essentials.
Along with a wide range of products that are classified as FSA eligible, rehab store also brings to you the best offers and discount coupons to help you save even more. While shopping at rehab store you also earn reward dollars that you can redeem at the next purchase to save even more. Shop with your FSA Debit card and submit the receipts to your employer for reimbursement.
To start purchasing healthcare products from your FSA card you must be registered with your employer. If you work as a freelancer or self-employed individual, you cannot avail the benefits of FSA. Health care FSA plans are employer established, and the employer has the flexibility to provide various combinations of benefits that you can avail and can also restrict some benefits that others may be providing. It is advisable to read the complete plan details given by your employer.
Common FSA Eligible items that are included in FSA Plans are:
As a general rule FSA defined as a “use it or lose it” account. All the amount left in the account after December 31 is forfeited. You cannot transfer the money to another account and you cannot withdraw it. Some employers provide a grace period of upto 2 and a half months which means you can use your FSA card upto March 15. Confirm beforehand about the grace period as it might be shorter as well.
Rehab Stores has a category of FSA qualified items based on the IRS guidelines. To avail the benefits on your FSA card, you need to shop ONLY the products that meet the eligibility requirements and are marked with FSA-Approved symbol at Rehab Store. If the items are NOT eligible then the amount will NOT be debited from your FSA Card, and you will need to make payment for them via other payment methods like credit cards, debit cards, PayPal or check.