Using Flexible Spending Accounts At Zenni
Did you know that you can use your flexible savings account (FSA) funds to purchase prescription eyewear at Zenni?
Also known as flexible spending arrangements, FSAs are programs that allow you to set aside pre-tax dollars out of your paycheck to pay for eligible healthcare expenses. If you’re not sure if your employer offers an FSA plan, check with your human resources (HR) department.
The only caveat with FSAs is that they are “use-it-or-lose-it” plans. Unlike health savings accounts (HSAs), which allow you to roll over unused funds year after year, if you don’t use your FSA money by the end of the plan year, you will lose it.
Purchasing prescription eyewear is an FSA-eligible expense. That means you can use your FSA money to purchase prescription eyeglasses, progressives, bifocals, and prescription sunglasses at Zenni. If you have an FSA debit card that is affiliated with Visa or MasterCard, simply use it at checkout as you would any other credit card. The amount will automatically be deducted from your FSA account.
If you do not have an FSA debit card, you will have to submit your Zenni invoice with a claim to your FSA provider for reimbursement. Contact your company’s HR department to find out the exact filing process.
Many FSA plans have a “grace period” of up to two and a half months beyond the end of the year to incur qualified expenses. That means you may still have until March 15 to use your FSA funds. If you’re not sure when your FSA deadline is, check with your employer.