Utilize Your FSA Balance to Make Purchases Through Amazon

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Utilize Your FSA Balance to Make Purchases Through Amazon

Your flexible spending account (FSA) funds will expire soon, either tomorrow or within the rollover period if applicable–check with your employer for details. This means it's time to examine your medicine cabinet, make a list of necessary items, and hit "add to cart."

The FSA Marketplace is a great place to maximize your remaining funds, but you can also look to your favorite retail corporations. Amazon, Target, Walgreens, and others provide a dedicated FSA/HSA Shop to aid in locating eligible items easily.

Shopping for FSA-approved products on Amazon

Let's make the most of Amazon's FSA-approved items before the year's end.

  1. Navigate to Amazon's FSA Store at amazon.com/fsa
  2. Scan for the "FSA/HSA Eligible" badge among product listings
  3. Utilize the FSA/HSA filter within search results
  4. Complete the purchase with your FSA debit card at checkout

Similarly, Target has an FSA filter located within their healthcare section, while pharmacies like CVS and Walgreens feature dedicated online FSA shops.

Purchasing products with your remaining FSA funds

Many over-the-counter medications and health items are FSA-approved, such as cold remedies, bandages, dental care products, menstrual supplies, and more. You can also consider:

  • First aid supplies (bandages, antibiotic ointment)
  • OTC medications
  • Contact lenses and solutions
  • Reading glasses
  • Sunscreen
  • Pain relievers
  • Blood pressure monitors
  • COVID-19 test kits

Keep in mind that most FSA plans require expenditures by December 31, although some have grace periods. Double-check with your plan administrator for specific deadlines. Ensure you preserve receipts for all FSA purchases in case you need to verify eligibility later with your plan administrator.

To utilize your remaining FSA funds effectively, you can explore the FSA-approved products at the Amazon FSA Store. Remember, you can use your FSA debit card for checkout. (amazon fsa store, money)

Thanks to the FSA filter on Target's healthcare section, you can easily find eligible items there as well. Don't forget to consider first aid supplies, OTC medications, and other FSA-approved products before the end of the year. (Target, money)

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