My husband and I have decided to take advantage of the Flexible Spending Account next year in hopes of saving some money.
As more people use Health Savings Accounts and as the year draws to a close, chances are they're looking to spend all of the money they’ve set aside.
The IRS lists all of the procedures and medicines you can use your money on.
You can pay for everything from eye glasses to chiropractic services. A couple of things that people often think are covered are not according to the IRS, like teeth whitening, massage therapy and vitamins (unless they are recommended by your doctor).
The Wall Street Journal put together some nice suggestions, as did the New York Times.
One thing to keep in mind--many of these plans give you until March 15 to use up all the money you’ve set aside. So check with your individual plan.
