Here’s An Idea for Your FSA Money: Spend It On a Pair of New Glasses

The deadline is looming to use the funds in your flexible spending account (FSA). Employers offer FSAs to employees as a way to reduce taxes on money spent on qualified out-of-pocket health and dependent care expenses, and December 31st is generally the last day to use the funds before they’re forfeited. It’s worth noting that a health savings account (HSA) is different than an FSA and doesn’t expire.