Flexible Spending Accounts Change in 2013

The New Year is bringing a change to your Flexible Spending Account. More specifically, health care reform created annual contribution limits for FSA plans. For plan years starting on Jan. 1, 2013, the new limit is $2,500 per person.

WebMD blogged about the health care change and mentioned FSAstore. The post referenced our Product Eligibility List to help review what is or isn’t covered under your FSA. Check out the blog, and take a look at thousands of FSA eligible products at FSAstore.com!

About FSAstore.com

FSAstore.com is the only one-stop-shop exclusively stocked with FSA eligible products - eliminating the guesswork behind what is reimbursable by an FSA. Consumers with flexible spending accounts can access thousands of high quality FSA eligible products, in addition to FSA eligible services, and much-needed information through the FSA Learning Center. FSAstore.com accepts all FSA and major credit cards, offers 24/7 customer service, one-to-two-day turnaround for all orders, and free shipping on orders $50+. There is no need to submit receipts for products purchased with an FSA card.
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2 Responses to Flexible Spending Accounts Change in 2013

  1. Sidney Allen says:

    This is a terrific blog, and well organized (I can only hope to do the same at http://www.flexspendingaccounts.com). It’s excellent that you mention that change, and also how people need to look at a list of what is and isn’t covered in order to decide how much to set aside – my fear is that people will paradoxically put aside too much since the limits are going down, thinking that there is some sort of inverse relationship. Anyway, great post.

  2. FSAstore says:

    Thanks for sharing your thoughtful feedback, Sidney! A simple way to eliminate concerns about how much to put aside for an FSA is to carefully calculate annual health spending before the plan year starts. The fear you point out is legitimate, but by estimating spending, people will know exactly where they stand throughout their FSA plan year. At FSAstore, we offer an FSA Calculator that can help calculate spending: http://fsastore.com/services/FSAcalculator.aspx.

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