5 Reasons to Use Your HSA/FSA Funds Before They Expire
Every year, millions of Americans miss out on their hard-earned Flexible Spending Account (FSA) and Health Savings Account (HSA) funds simply because they don’t use them before the deadline. Did you know that FSA funds are often a use-it-or-lose-it benefit? If you’re sitting on leftover HSA/FSA dollars, now is the time to put them to good use. In this article, we’ll explore five compelling reasons to use your HSA/FSA funds before they expire and how you can invest in eligible wellness products like red light therapy devices for health benefits.
1. FSA Funds Expire – Don’t Let Your Money Go to Waste
Unlike Health Savings Accounts (HSA), which roll over from year to year, FSA funds typically expire at the end of the year. According to the IRS guidelines, most FSA holders forfeit any unused funds, with only limited exceptions for carryovers or grace periods. This means you need to spend your FSA dollars wisely before it’s too late!
2. HSA/FSA Covers More Than You Think
Many people assume HSA/FSA funds can only be used for prescription medications or doctor visits. In reality, they can be applied to a wide range of IRS-approved medical expenses (https://www.irs.gov/publications/p502), including:
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Pain relief therapies (like red light therapy)
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Muscle recovery devices
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Cold and heat therapy wraps
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Skincare treatments for medical conditions
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Certain FDA-approved medical devices
If you’ve been considering investing in a red light therapy device for pain management, inflammation reduction, or skincare, your HSA/FSA funds could cover the cost!
3. Red Light Therapy is a Smart Investment in Your Health
Red light therapy is backed by scientific research for its potential health benefits. Multiple studies suggest that low-level light therapy (LLLT) can help with muscle recovery, joint pain relief, and skin rejuvenation:
Investing in an HSA/FSA-eligible red light therapy device can be a great way to improve your long-term health and wellness while using tax-free funds.
4. Tax-Free Savings – Maximize Your Healthcare Dollars
One of the biggest benefits of HSA/FSA accounts is that they allow you to spend pre-tax dollars on eligible health and wellness expenses. This means you’re effectively saving 30-40% on medical purchases compared to using after-tax dollars. Don’t leave money on the table—make your HSA/FSA funds work for you!
5. Easy and Hassle-Free Shopping for HSA/FSA Products
Many online retailers now offer HSA/FSA-eligible products, making it easier than ever to spend your funds. At American Wellness Authority, we simplify the process by providing HSA/FSA-compliant products that can be purchased directly using your HSA/FSA card. Need a Letter of Medical Necessity (LMN)? We can help! Visit WithFlex to learn how to verify product eligibility.
Conclusion
Your HSA/FSA funds are a valuable resource—don’t let them go to waste! Whether you’re looking to invest in pain relief, muscle recovery, or skincare solutions like red light therapy, now is the time to take advantage of your tax-free dollars before they expire.
👉 Explore our range of HSA/FSA-eligible red light therapy devices today!