Do you get a new FSA card every year?
Asked by: Coy Barrows III | Last update: December 25, 2025Score: 4.8/5 (19 votes)
How do I get a new FSA card?
Call 1-866-755-2648 if your card is lost or stolen. In the unfortunate event that your card is lost or stolen, call 1-866-755-2648 immediately to report the incident. As soon as we're notified, we will block the card from any purchases. A new card will be issued and mailed to you within 3-5 business days.
Does my FSA card expire?
Q: How long is my FSA Debit Card valid? A: The expiration date can be found on the face of the Card. The Card will remain valid as long as the member is an active participant of FSA. It is valid for three (3) years from the date of issuance.
Can I use my 2024 FSA to pay for 2023 expenses?
For example, you cannot use FSA dollars from a current Plan Year to pay for claims that took place in a prior Plan Year.
Does FSA renew automatically?
FSA Enrollment
Thereafter employees can enroll during the Federal Benefits Open Season. Review QLEs that permit FSA enrollment on the FSAFEDs life events page. FSA enrollment must be reelected each year. The elections do not automatically renew.
How to use your FSA money - My 6 best buys
Do I have to re-enroll in FSA every year?
Eligible employees can enroll in FSAFEDS each year during the Federal Benefits Open Season (the November/December timeframe). Open Season enrollments are effective January 1 of the following year. Current enrollees must remember to enroll each year to continue participating in FSAFEDS.
Is an HSA or FSA better?
Bottom line: Both HSAs and FSAs provide financial benefits for managing health care expenses. HSAs offer more flexibility and long-term growth potential, making them a valuable tool for future financial planning. Learn about HSA options from Aetna.
Can I use FSA for gym membership?
But that's not all a Letter of Medical Necessity can do for you. You can even pay for your gym membership with FSA/HSA funds, making it easier than ever to access top-of-the-line equipment like the models we have in our studios.
Are diapers FSA eligible?
Regular diapers for newborns and infants are not FSA eligible because they do not treat a medical condition, but rather aid a healthy function of the body. There are some ways to save, however, including sales, coupons, buying in bulk or joining rewards programs.
What are the new FSA rules for 2024?
For the 2024 benefit period, you can contribute up to a maximum of $3,200 - an increase of $150 from the 2023 benefit period. You may also carry over unused funds up to a maximum of $640 into 2025 - an increase of $30 from the 2023 benefit period as long as you re-enroll.
Can I pay for massage with FSA?
Massage Therapy may be eligible for reimbursement with a Letter of Medical Necessity (LMN) with flexible spending accounts (FSA), health savings accounts (HSA) and health reimbursement arrangements (HRA).
Will FSA pay for Botox?
Botox injections are typically not eligible for reimbursement with an FSA, as they are primarily used for cosmetic purposes. However, in recent years, these injections have begun to be used to treat a variety of health conditions as well, including chronic headaches.
Can FSA be used for dental?
You can use funds in your FSA to pay for certain medical and dental expenses for you, your spouse if you're married, and your dependents. You can spend FSA funds to pay deductibles and copayments, but not for insurance premiums.
Do you have to create a new FSA ID every year?
You'll use your FSA ID every year you fill out a Free Application for Federal Student Aid (FAFSA®) form and for the lifetime of your federal student loans. How do I get an FSA ID? Visit StudentAid.gov/fsa-id/create-account/launch to create an FSA ID.
Can I use my FSA without the card?
#5 You can pay for eligible expenses directly, or get reimbursed later. In most cases, your FSA will come with a debit card that you can use at the doctor's office or drugstore to pay for eligible medical expenses. But if you forget your card, you'll still be able to get reimbursed.
Does FSA expire every year?
FSAs generally have a strict “use-it-or-lose-it” mandate, which means any money left over at the end of each year must be forfeited. However, the Internal Revenue Service (IRS) now allows for some flexibility when it comes to unused funds.
Can I buy tampons with FSA?
Are Tampons FSA Eligible? Yes! Tampons are now classified as a “medical expense,” making them FSA eligible.
Is deodorant FSA eligible?
For example, daily care products, like Vaseline, toothpaste, and deodorant, are not FSA-eligible expenses. Gym memberships and health insurance premiums aren't eligible either. It's possible that you may accidentally purchase a nonqualifying expense with your FSA funds.
Can I buy shampoo with my Flex card?
While some exceptions may vary, shampoo is generally not eligible for reimbursement with a flexible spending account (FSA), health savings account (HSA), health reimbursement arrangement (HRA), limited-purpose flexible spending account (LPFSA) or a dependent care flexible spending account (DCFSA).
Can I use FSA for glasses?
You can use your FSA funds for eye exams and prescription glasses. You can also use them for prescription contact lenses. And prescription sunglasses are FSA-eligible, too.
Can you use FSA for vitamins?
Are vitamins FSA/HSA eligible? You want to be careful when trying to buy vitamins with your FSA or HSA. They are not always deemed a qualified expense. If your vitamins are not prescribed by a healthcare professional or used to treat a specific condition, your purchase most likely won't be FSA or HSA eligible.
What is the downside of FSA?
Flexible spending accounts offer several advantages to your company and your employees. However, there are also some disadvantages to be aware of. One of the best known is the “use it or lose it” feature. Any amounts contributed to an account and not spent by the end of the year are forfeited to the employer.
What happens to unused FSA funds?
The IRS created the ""use or lose"" rule, which states that all money left in your FSA is forfeited after the benefit period ends . If you don't use all of your FSA funds during the benefit period, you risk losing money.
Can I use HSA for dental?
Your HSA also covers expenses for standard dental cleanings and dental check-ups. One thing to keep in mind is that some of these procedures may have a co-payment, so it's important that you check with your dental insurance provider to find out exactly what you'll have to pay out of pocket.