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Flexible Spending Accounts, Your Eyes, And CraftOptics

As the year comes to a close, I wanted to send out a reminder that those who have Flexible Spending Accounts (FSAs) with funds remaining may want to consider CraftOptics magnifying eyeglasses as one way to close out those accounts.

As you know, FSAs are “use it or lose it”, meaning that the funds you put aside to cover various medical expenses in 2010 must be used by the end of the year. Any funds remaining will be lost.

Some FSAs have a grace period of one or two months after the end of the year in which purchases may be made from the 2010 account, but you need to check with your own plan to make sure.

If CraftOptics isn’t your thing right now, keep in mind that prescription eyeglasses, reading glasses, contact lenses and optometrist/optician expenses are all FSA eligible as well, so think about your eyes when you are looking to close out those accounts!