A guide to using flexible spending account (FSA) and health savings account (HSA) purchases at Looki Glasses.
FSAs and HSAs are programs offered by employers that allow you to set aside pre-tax funds for eligible health care expenses, including prescription eyewear.
FSA is a use it or lose it plan that runs Jan 1 – Dec 31. The funds must be used by the end of the year or else you lose your money. Buying glasses at Looki is a great way to use up lingering FSA money.
HSA money rolls over indefinitely and can even be used for health care expenses in retirement. Common uses for FSA and HSA: health exams, co-pays, medications, and prescription glasses.