Your Handy List of FSA Eligible Expenses [PDF]

Piece of paper showing the FSA eligible Expenses for ERM with title - Your Handy List of FSA Eligible Expenses

Are you confused about which purchases qualify as FSA Eligible Expenses? You’re not alone. Many employers and their employees find it increasingly difficult to know what they can or can’t purchase using their Flexible Spending Account funds. Here is a handy list for you to print and hang in the breakroom for quick reference.

It’s no secret, we love FSAs around here. They’re a win-win for both your employees and your business. For the many reasons everyone loves to use Flexible Spending Accounts, we often find it difficult to know exactly WHAT we can use it for. Download our free PDF right here for a handy list of FSA eligible Expenses.

What Are Flexible Spending Accounts?

For a complete employer’s guide on Flexible Spending Accounts, see our recent article here. Some of the general benefits you’ll find from using an FSA are:

  • No income taxes are deducted from the contributions.
  • Significantly lowers the tax burden on your business and your employees.
  • Your employees can use the funds at any time, even if the funds have not been placed in the account yet.
  • Added benefits help you recruit and retain quality employees.

Article: What Are Flexible Spending Accounts? The Complete Employer’s Guide

FSAs help people manage medical expenses by providing a pre-tax solution to pay for eligible items.

FSA Eligible Expenses – Health

Generally, eligible expenses for Health related Flexible Spending Accounts are out-of-pocket medical, dental, and vision expenses. Our PDF download is an extensive list of common eligible items including items that will require a doctor’s prescription. Some pharmacies can even tell you what purchases are or are not covered by the FSA, so feel free to ask your pharmacist in a pinch.

These FSA Eligible Expenses do not apply to the FSA Dependent Care type account. For more information see some of our resources below, and please feel free to contact us if you have questions.

Related Resources

The Benefits of Offering Employees a Dependent Care FSA

What’s The Difference Between HSA and FSA?

What Are Flexible Spending Accounts? The Complete Employer’s Guide

What is a Health Reimbursement Account?

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