Using the last of our flexible spending dollars
This past year, I elected to contribute $500 to our FSA (Flexible Spending Account). It’s a pretax account most employers now have for (at least) salaried employees to contribute pretax dollars to health-related expenses. It’s a use it or lose it account, so we needed to be sure we used all that money before year-end (Monday at midnight).
Last week, we found we still had about $180 to use. Uh oh! Luckily, Stacie needed new prescription glasses. Since she mainly wears contacts, she hasn’t gotten new glasses in about 7 years, and they’re starting to show in style and form. So, she visited our eyecare specialist, got an exam and found out her current glasses are too strong for her eyes. Well, that would explain why she got headaches sometimes while wearing them.
We tested out frames for about an hour and finally decided on a conservative pair with a pink tint to highlight Stacie’s hair (no, she doesn’t have pink hair). Total Cost: $169. So that means we still have $11 to spend by Monday. I think we can find some cold medicines or something to spend that money on by then.
Next year, we have $1000 to spend via our FSA, but with my upcoming rehab in the new year, contact lens refills for Stacie, and regular copays and deductibles with our new medical plan, I think we’ll be fine with the higher amount.