Gift giving guide using your FSA
Published on December 7th, 2023
As the end of the year draws near, it’s important for FSA account holders to have a plan for their remaining FSA dollars. With just a short time to spend these funds, consumers may be wondering how they could take advantage of their remaining FSA amounts. The holidays are fast approaching, so it is a good time to purchase necessities for yourself and dependents—possibly as stocking stuffers or as a way to treat yourself and provide some self-care before the new year.
Here are some ideas of ways to treat yourself (and your dependents) using remaining FSA funds:
- New glasses
- Menstrual products
- OTC medications (cough syrup, pain reliever, etc.)
- Prescription medications like insulin
- Restocked first aid kits
- Eye exams or other checkup appointments (dental, medical, etc.)
- Chiropractic treatments
- Breastfeeding equipment
- Sunscreen
- Home medical devices
- Prescription sunglasses
- Contact lenses/solutions
- Pregnancy and fertility testing
- Birth control
- Home modifications for safety due to a medical condition
- Hand/Arm/Knee/Leg support items
- Humidifiers
- Nasal irrigation devices
- Blood pressure monitors
- Electronic thermometers
- Lip balm
- Deep muscle massager
- Weighted heating pad
It is important to note that all purchases must be made for members on the account and their dependents and must be for a reasonable consumable amount. For example, it would be plausible to purchase a bottle or two of Ibuprofen for your family, but a case of Ibuprofen likely would not be consumed within the plan year.
