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We thought we’d share some FSA/HSA facts with you. With new FSA funds available, it’s the perfect time to start shopping for a stylish new pair of prescription eyewear for 2015! We understand this topic can be a bit confusing, so please don’t hesitate to call 800-248-9427 to speak with one of our expert opticians! We’ve also provided answers to some of the most commonly asked FSA/HSA questions here.

FSA Facts:

  • All of your FSA funds for the entire year are available January 1st.
  • FSA funds usually expire at the end of each calendar year.
  • You may be able to carry $500 of unused FSA funds from the previous year depending on your employer.

HSA Facts:

  • HSA funds are accrued throughout the calendar year.
  • HSA dollars never expire and will remain in your account until they are used.
  • lf you don’t use your HSA funds in a given year, the unspent money will roll over into your account for next year.

HSA/FSA Facts:

  • FSA/HSA funds can be used to purchase prescription eyewear and/or frames.
  • FSA/HSA funds can be used whether you have vision insurance or not.

 

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