19 Apr Plan Now, Smile Forever: Smart Savings on Orthodontic Care
This may seem like an odd time of year to discuss HSA/FSA funds, but we think this could be the MOST appropriate time to talk about it. And more importantly, you do not have to wait.
HSAs, Health Savings Accounts, and FSAs, Flexible Spending Accounts, are types of savings accounts that let you set aside money on a pre-tax basis to pay for qualified medical expenses, including orthodontic treatment. Money set aside throughout the year is a salary you do not have to pay taxes on. By using untaxed dollars in an HSA or FSA to help pay for your orthodontic treatment, you save money!
Most financial institutions agree that the flexibility of these types of accounts can work out perfectly if you have predictable medical expenses each year. We encourage you to act now and contact your HSA or FSA provider for specific details.
