Help! I have to spend $3000 on fsa card in the next 2 weeks

[Anonymous]

Anonymous wrote:Wait, don’t FSA funds get taken out of each paycheck? Don’t don’t you only need to spend what’s accrued from the year to date paychecks? Otherwise you’d have to pay it back. Unless your employer handles it differently.

Shared risk. Unspent money goes back to company at end of year but you can spend it all on day 1. .

[Anonymous]

Anonymous wrote:

Anonymous wrote:Wait, don’t FSA funds get taken out of each paycheck? Don’t don’t you only need to spend what’s accrued from the year to date paychecks? Otherwise you’d have to pay it back. Unless your employer handles it differently.

Shared risk. Unspent money goes back to company at end of year but you can spend it all on day 1. .

So you can spend it all even though you barely contributed?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Wait, don’t FSA funds get taken out of each paycheck? Don’t don’t you only need to spend what’s accrued from the year to date paychecks? Otherwise you’d have to pay it back. Unless your employer handles it differently.

Shared risk. Unspent money goes back to company at end of year but you can spend it all on day 1. .

So you can spend it all even though you barely contributed?

Yes, for medical FSA. Not so for dependent care.

[Anonymous]

Anonymous wrote:How does this happen? That's a lot of money.

They were planning to spend on average $250/month, which isn't that much if you have medical issues, but now they have to spend all of it at once due to the layoff.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Wait, don’t FSA funds get taken out of each paycheck? Don’t don’t you only need to spend what’s accrued from the year to date paychecks? Otherwise you’d have to pay it back. Unless your employer handles it differently.

Shared risk. Unspent money goes back to company at end of year but you can spend it all on day 1. .

So you can spend it all even though you barely contributed?

Yes, for medical FSA. Not so for dependent care.

Wow, that seems strange

[Anonymous]

Gather up all the doctors bills and submit it

[Anonymous]

Can you prepay a crown or something at your dentist?
Glasses
Lots of meds

[Anonymous]

Buy a ton of expensive medicine at Target then return it?

[Anonymous]

Sunscreen products, acne products. anything on the Supergoop site, type FSA eligible into Amazon and you can go to their store, fsastore.com, there are tools that you can buy (tens machine, led face masks, genetic testing kits)

[Anonymous]

Anonymous wrote:You can't buy gift cards with an FSA but you can buy over the counter meds. https://fsastore.com/

Amazon also has an FSA Store
https://www.amazon.com/b/?node=122265875011

Less extreme than that but I had to use up like $500 when leaving my job and I bought a ton of stuff from Amazon per the link above - FSA-eligible is labeled. A lot is supplies I am using over a long timeframe. Some stuff I also donated (feminine products, contact solution etc - much is in need and if you can't find preferred brands etc on Amazon you can find another home for it)

[Anonymous]

Same here, but I only have $1,800. I’ve already bought prescription glasses, gone to the dentist and refilled prescriptions.

Next I’ll be on to a huge OTC meds shop.

It’s a bizarre system.

[Anonymous]

Eye glasses/contact lenses.

Medical massages and dermatology treatments.

Go wild on lab work at Labcorp.

Restock shampoo, toothpaste, first aid kits, OTC meds, etc. including for travel.

Feminine hygiene products.

At home pulse ox reader.

Mouth guards if you have a kid who plays sports.

Sunscreen.

Accupressure mat.

23 and Me test.

Heating pad.

Massage gun.

[Anonymous]

The FSA store has bundles that are pretty fun and frankly, seem designed for this: https://fsastore.com/search?nbt=nb%3Aadwords%3Ag%3A22118625544%3A178557655812%3A728679345582&nb_adtype=pla&nb_kwd=&nb_ti=pla-297546631617&nb_mi=7491750&nb_pc=online&nb_pi=10789b&nb_ppi=297546631617&nb_placement=&nb_li_ms=&nb_lp_ms=&nb_fii=&nb_ap=&nb_mt=&utm_source=google&utm_medium=cpc&utm_campaign=Shopping_Google_FSA_Catchall&utm_content=728679345582&utm_term=10789b&gad_source=1&gbraid=0AAAAADxBF1zyjZsS2DPJckfTXYXU9gDcJ&gclid=Cj0KCQiAqL28BhCrARIsACYJvkcPgvW2I5BUNvtty37m_N3YLr6g7kRyR3BJqbuye4BDEfxHyFwLoGkaAswYEALw_wcB&q=bundle

The initial ones are boring but the skin care, self care, etc... are fun.

But if you have ANYTHING you want to do or pre-pay, look into it now. Invisalign, mole removal, etc...

[Anonymous]

Anonymous wrote:Gather up all the doctors bills and submit it

This. Get refunds for anything you’ve already paid

[Anonymous]

My fsa let me get reimbursed for an aeron chair (back issues)