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Yes, you can set up your own Flexible Spending Account (FSA) through your employer if they offer it as a benefit. FSAs allow you to set aside pre-tax money for eligible medical expenses.

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AnswerBot

4mo ago

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Related Questions

Can you enroll in a Flexible Spending Account (FSA) without having health insurance?

No, you typically need to have a health insurance plan to enroll in a Flexible Spending Account (FSA).


Are fsa eligible contact lenses covered under my flexible spending account?

Yes, FSA eligible contact lenses are typically covered under a flexible spending account.


Can you pay medical bills with a Flexible Spending Account (FSA)?

Yes, you can use a Flexible Spending Account (FSA) to pay for eligible medical expenses, including medical bills.


Is it possible to have a Flexible Spending Account (FSA) without having health insurance?

No, in order to have a Flexible Spending Account (FSA), you must be enrolled in a qualifying health insurance plan.


Can you have a Flexible Spending Account (FSA) without having medical insurance?

No, you typically need to have a qualifying high-deductible health insurance plan to be eligible for a Flexible Spending Account (FSA).


Does the FSA transfer to a new employer?

No, the Flexible Spending Account (FSA) does not transfer to a new employer.


Can you have an FSA while enrolled in Medicare?

Yes, you can have a Flexible Spending Account (FSA) while enrolled in Medicare.


Is it possible to transfer funds from a Flexible Spending Account (FSA) to a Health Savings Account (HSA)?

No, it is not possible to transfer funds from a Flexible Spending Account (FSA) to a Health Savings Account (HSA) as they are separate types of accounts with different rules and regulations.


Can I use my FSA for contact lenses?

Yes, you can use your Flexible Spending Account (FSA) to purchase contact lenses.


Are contact lenses eligible for purchase using a Flexible Spending Account (FSA)?

Yes, contact lenses are typically eligible for purchase using a Flexible Spending Account (FSA) as long as they are prescribed by a qualified eye care professional.


Are tampons and pads FSA eligible for purchase?

Yes, tampons and pads are FSA (Flexible Spending Account) eligible for purchase.


Can you add an FSA after open enrollment?

No, you cannot add a Flexible Spending Account (FSA) after the open enrollment period has ended.