Now is a great time to strongly consider participating in a healthcare flexible spending account (FSA). With the impending Family Act and many people not having insurance coverage for infertility related expenses, how can we get a break and save on infertility related expenses? HEALTHCARE FLEXIBLE SPENDING ACCOUNTS!
Some things that you might not know about the Medical Flexible Spending Account:
If you have been using My Hopeful Journey to track your expenses, it is very easy to run the summary report to get a total for how much you have spent out of pocket on prior cycles in order to have a good idea for your FSA election. If you haven’t been using it for tracking yet, give it a try. My Hopeful Journey is a free organizer designed specifically for infertility treatment and is very easy to use. We even have a mobile friendly app.. so use it on the go!
The full article can be found at the My Hopeful Journey blog.
* I am not a tax expert, please consult your benefits administrator or tax professional for more details.