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  • Using Your FSA to Pay For LASIK

    Posted By Key-Whitman Eye Center || 26-Dec-2014

    If you’ve been considering LASIK eye surgery but aren’t sure how to cover the expenses, the answer may lie in your healthcare benefits. If you have a flexible spending plan (FSA) through your employer, LASIK is considered an eligible expense. An FSA allows you to put aside a set amount of pretax income to use for medical, dental and vision expenses. In 2014, there was a $2,500 limit ...
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  • How to Use Your FSA in 2014

    Posted By Key-Whitman Eye Center || 9-Jan-2014

    Did you know that starting in 2014, you can use up to $500 of your 2013 unused Flexible Spending Account funds? That’s right. The U.S. Department of Treasury and the IRS have modified the “use it or lose it” rule, which prohibited rollover of FSA funds and forced account holders to forfeit unused dollars remaining in their accounts at year-end. Now, assuming your employer makes ...
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  • Flexible Spending Alert: New Changes Apply to Your FSA in 2013

    Posted By Key-Whitman Eye Center || 1-Feb-2013

    Millions of employees in the U.S. have the opportunity to take advantage of a Flexible Spending Account to pay for out-of-pocked health expenses such as co-pays, deductibles and healthcare not otherwise covered by insurance. FSA is not a new benefit of employment, but with changing healthcare laws under ObamaCare, new rules and guidelines apply to flexible spending in 2013 and beyond. The biggest ...
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  • LASIK Eye Surgery and 2013 FSA Changes

    Posted By Key-Whitman Eye Center || 3-Oct-2012

    The Flexible Spending Account (FSA) rules are set to change on January 1, 2013. Beginning next year, employees will be limited to putting just $2,500 pre-tax salary into their health savings account. Currently, there is no legal limit, though most employers set a limit of $5,000. The start of a new year is just around the corner. Now is the time to consider how you will spend your FSA funds next ...
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