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Complete Guide: 2025 FSA and HSA Contribution Limits

The IRS has released its 2025 contribution limits for both Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs). Here’s everything you need to know about these tax-advantaged healthcare savings options for the coming year. Quick Reference Guide FSA Limits Year Annual Limit Monthly Equivalent 2025 $3,300 $275 2024 $3,200 $267 Increase $100 $8 HSA

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FDA Approves AirPods Pro as Hearing Aids: What This Means for FSA and HSA Eligibility

Apple’s latest AirPods Pro have officially been classified as hearing aids by the FDA, marking a significant development in how consumer tech can assist with diagnosing or supporting health ailments. According to a recent NPR report, the FDA approved Apple’s new “Hearing Aid Feature,” which will amplify sounds for individuals with perceived mild to moderate

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April’s Approved: 5 New FSA and HSA Eligible Products You Need to Know About!

One of the exciting aspects of flexible spending accounts and health savings accounts are the continuous expansion of eligible products and services. Each month brings new FSA and HSA approved products and services, offering users even more options to optimize their healthcare spending. Staying updated is essential for maximizing the benefits of these accounts, ensuring

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IRS Warns Against Misleading Claims: General Health Expenses Not Eligible for Reimbursement

In a recent announcement made on March 6th, 2024, the Internal Revenue Service (IRS) issued a stern reminder to taxpayers and health spending plan administrators regarding the eligibility of general health and wellness expenses for reimbursement under the tax law. Amid growing concerns over misleading advertisements, the IRS clarified that personal expenses for general health

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Navigating FSA Benefits with Ease: A Review of FSAstore.com

In the realm of healthcare savings, Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA) provide invaluable opportunities for individuals to manage out of pocket medical expenses efficiently. As the founder of FSA Guide, a platform dedicated to maximizing healthcare benefits, I’ve explored numerous online stores catering to FSA and HSA users. Among them, FSAstore.com

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Navigating FSA-eligible Diagnostic Testing Options: Lab and At-Home Testing

In the ever-evolving landscape of healthcare, consumers are increasingly seeking convenient and accessible diagnostic lab testing options outside of insurance coverage. This guide explores at-home and in-lab solutions from companies like LabCorp and Quest Diagnostics, offering flexibility through paying out-of-pocket or using FSA and HSA cards. Learn about the top tests, costs, and considerations to

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Unlocking Financial Wellness: IRS Announces Exciting Changes to HSA, and FSA Limits for 2024!

Exciting news is on the horizon for 2024 as the IRS has just unveiled some key updates to contribution limits for Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs). Let’s break down the highlights that can reshape your healthcare financial strategy: HSA Limits for 2024: Individuals with self-only coverage can now contribute up to $4,150

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