Use Your Health Benefits Before They Expire

More than 15 million Americans have vision impairments and require eye care; however, eyewear can often be quite pricey. If you are one of the many millions struggling with your sight, you need to learn what benefits you can enjoy.

You can get reimbursement for prescription eyewear, so you can focus on your eye health without worrying about money. So, as the year draws to a close, it’s time to make the most of your FSA and HSA benefits.

Eye Wares, a local optometry practice, knows the importance of using your FSA or HSA before it expires. We have convenient locations in New Orleans, Metairie, and Mandeville. Your benefits cover the excellent eye care offered by Eye Wares.

Understanding the Difference Between FSA and HSA

Before diving into the benefits of using your FSA or HSA, it’s essential to differentiate between the two.

FSAs and HSAs are accounts that help pay for medical expenses and provide tax benefits. However, there are several key differences between the two:

  • Account Ownership: FSA accounts are typically offered by employers, and the employer may also contribute to the account. Individuals own HSA accounts. Both individuals and employers can contribute to the account.
  • Portability: FSAs are generally not portable, meaning you may lose funds if you change jobs. HSAs, however, are portable, and you can carry the funds over from year to year, even if you change jobs or retire.
  • Withdrawal Rules: With an FSA, you can only withdraw the funds you have contributed, regardless of the account balance. You can withdraw money from your HSA at any time. If you don’t use the money for medical expenses, you’ll have to pay taxes and maybe a penalty.

Knowing these differences can help you choose the right account for your healthcare and financial situation. It is advisable to consult a financial advisor or tax professional for personalized guidance on managing these accounts.

Optimizing Your FSA Benefits

People usually allocate FSA benefits for the year and must use them all within that time. So, to maximize your FSA advantages, Eye Wares offers a plethora of options, such as:

  • Investing in a year’s supply of contact lenses
  • Opting for a fashionable pair of prescription sunglasses
  • Comprehensive eye exams and other essential check-ups
  • Visiting an eye doctor

No matter what you decide to use your benefits on, Eye Wares is here to assist you. Visit Eye Wares before the year ends and take advantage of the opportunity to enhance your eye care regimen.

Trust Eye Wares for Your Eye Health Needs

Eye Wares is your trusted advisor and optometrist in all matters related to eye care. With an informative and straightforward approach, combined with professional expertise, you can receive the best guidance in utilizing your benefits effectively. Let Eye Wares help you make the most of your FSA or HSA before it’s too late.

If you’re looking for eye doctors near me, schedule your appointment today and experience the difference with Eye Wares.