What is covered under FSA?
Asked by: Dedrick McCullough Sr. | Last update: February 25, 2025Score: 4.8/5 (1 votes)
What items are covered under FSA?
Allowed expenses include insurance copayments and deductibles, qualified prescription drugs, insulin, and medical devices. You decide how much to put in an FSA, up to a limit set by your employer. You aren't taxed on this money.
Is a gym membership FSA-eligible?
The Internal Revenue Service (IRS) usually doesn't allow funds from an FSA to pay for membership dues at health clubs or gyms. However, the IRS allows FSA funds to be used for paying separate fees charged at health clinics or physical therapy centers for specific activities prescribed by doctors for an individual.
What is not eligible for FSA?
Toothbrushes/Toothpaste/Dental Floss
At first glance, it would seem like dental supplies would be a no-brainer, but these items fall under products that support "general health", and are therefore ineligible.
How do I know if something is covered by FSA?
You may also refer to IRS Publication 502 "Medical and Dental Expenses”, visit https://fsastore.com/FSA-Eligibility-List.aspx, or you can order this publication by calling the IRS at (800) 829-3676.
What is an FSA (Flexible Spending Account?)
Are air purifiers FSA eligible?
Air purifiers are generally not eligible for reimbursement. An air purifier may be eligible for FSA reimbursement with a Letter of Medical Necessity (LMN) only if you are using it to relieve or alleviate a specific medical condition and you would not otherwise have purchased it.
Is toilet paper FSA eligible?
Here are examples of items and expenses that are not FSA-eligible for 2024: General health items: toiletries like toothpaste, toilet paper, or shampoo, cosmetic products, vitamins and supplements (without a prescription) Non-medical equipment: car seats, strollers, non-medical exercise equipment.
Are tampons FSA eligible?
Feminine hygiene products: Pads, liners, and tampons all qualify as FSA-eligible expenses. The end of the year is a good chance to stock up if you need to. Pain relievers: Over-the-counter pain medications such as Aleve, Tylenol, and generic versions of the drugs are available for purchase through FSA funds.
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.
Can I use FSA 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.
Does FSA cover peloton membership?
You can't directly pay for membership costs with your HSA/FSA card, but if you receive a Letter of Medical Necessity (LMN) from Truemed or an applicable licensed medical professional and are eligible for reimbursement, you may be able to apply your HSA/FSA funds to the cost of a Peloton Membership while the LMN is ...
Can FSA pay for massage?
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).
Is Tylenol FSA eligible?
Can I buy OTC medicine such as Tylenol and Tums with my FSA or HSA? Yes. You can buy OTC medicine such as Tylenol and Tums with your FSA or HSA.
Can I buy vitamins with FSA?
Vitamins and supplements bought over the counter for general health reasons are typically not a qualified medical expense under IRS rules. You may be eligible to buy certain vitamins with your health savings account (HSA) or flexible spending account (FSA), if used to treat a medical condition.
Are electric toothbrushes FSA eligible?
Unfortunately, most products for oral health care are not currently eligible medical expenses for FSA and HSA spending.
Are bras FSA eligible?
Nursing bras (those that directly aid lactation, such as a hands-free bra used for pumping), are eligible for reimbursement with a flexible spending account (FSA), health savings account (HSA) or a health reimbursement arrangement (HRA).
Is ibuprofen FSA eligible?
Ibuprofen is eligible for reimbursement with a flexible spending account (FSA), health savings account (HSA), or a health reimbursement arrangement (HRA). Ibuprofen is not eligible with a dependent care flexible spending account (DCFSA) or a limited-purpose flexible spending account (LPFSA).
Are pee pads FSA eligible?
To be eligible for FSA coverage, incontinence supplies must be deemed medically necessary. This means that you'll need a healthcare provider's diagnosis confirming the need for these supplies to manage the symptoms of incontinence. Without the proper documentation from your doctor, reimbursement may not be possible.
Can you 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.
Can you get toothpaste with FSA?
Toothpaste is 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). What is toothpaste?
What happens if I use my FSA incorrectly?
If the Benefits Card is accidentally or intentionally utilized for ineligible expenses, you are responsible for reimbursing your account. You will be notified if you have an ineligible expense and your Benefits Card may be deactivated until your account is reimbursed.
Is sunscreen FSA eligible?
You can use your flexible spending account (FSA) to buy broad-spectrum sunscreens with a minimum SPF of 15 using pretax dollars. A variety of items that offer sun protection, including lip balms, lotions, and moisturizers, might also qualify for these funds. Many FSA plans offer debit cards to make using funds easier.
Is mouth wash FSA eligible?
Over-the-counter items (OTC) items are not eligible for reimbursement if they are normally used for general health or are used even when there is not a medical condition being treated (such as toothpaste, mouthwash, shampoo, lotion or moisturizer that also contains sunscreen) or are cosmetic in nature (teeth whitening ...
Are vacuums FSA eligible?
Adaptive Equipment is eligible when medically necessary. Your FSA administrator may require a Letter of Medical Necessity or doctor's note. Allergy Medicine is an eligible OTC item with a prescription from a doctor. Non-drug allergy treatment products (e.g., pillows, vacuum cleaners) are sometimes eligible.