Self Care is Health Care
It’s that time of year to plan on using your HSA & FSA for Medical Massage Expenses. Check with your employer about open enrollment.
Now is exactly the right season to make the most of your remaining FSA dollars
You can save money- tax-free-from each paycheck and use the funds toward your therapeutic massages. It’s important to make the most of the funds you have already allocated-especially in the case of FSAs, which give the funds back to your employer if the dollars aren’t used by the end of the calendar year.
If you have an FSA, here’s how it works: Usually during the fourth quarter of the year your employer conducts open enrollment, during which you plan how much money you will need to set aside for the following year’s medical expenses. When the new year starts, your designated funds are withdrawn from each paycheck in small increments and placed into a special account. An HSA works much in the same manner but is tied to a High Deductible Healthcare Plan (HDHP). With an HSA, unused funds roll over to the next year and accumulate.
I accept HSA/FSA payments and can provide a medical expense receipt.