Now Your Paycheck Can Buy More

Sometimes referred to as a cafeteria plan, flex plan, or a Section 125 plan, a Flexible Spending Account (FSA) lets you set aside a certain amount of your paycheck into an account — before paying income taxes.

During the year, participants have access to this account for reimbursement of expenses that insurance does not cover. For example:

Deductibles, co-pays, and other eligible expenses not covered by insurance.

Prescription drugs and medical supplies.

Over-the-counter drugs that are medically necessary like allergy medications, aspirin, or antacids. (Click here for a list.)

Dietary supplements and vitamins with doctor's letter of medical necessity.

Dental services, orthodontics, and dentures.

Eyeglasses, contacts, solutions, and eye surgery.

Weight-loss programs (associated with a specific disease).

Weight-loss over-the-counter drugs with doctor's letter of medical necessity.

Chiropractic services.

Vitamins with doctor's letter of medical necessity.

Psychiatric care and psychologist's fees.

Smoking-cessation programs.

Smoking-cessation over-the-counter drugs.

Adult and child daycare services.

Adoption expenses.

When you use tax-free dollars to pay for these expenses, you realize an increase in your spending power, and substantial tax savings.

Plan restrictions may apply. Check with your plan administrator.

Click here for a list of additional expenses that qualify for reimbursement.