You can use HSA and FSA accounts to pay for prescription glasses and contact lenses. These expenses qualify as medical products. Eye exams are also covered under these accounts. Use your pre-tax accounts to lower healthcare costs related to vision correction.
Eligibility for using HSA funds for prescription glasses relies on the glasses being prescribed by a licensed eye care professional. This means you need a valid prescription to purchase the eyewear. Over-the-counter glasses do not qualify for HSA reimbursement.
Additionally, expenses like contact lenses and reading glasses may also be eligible if supported by a prescription. Therefore, ensure you keep all receipts and documentation for reimbursement claims.
Understanding the eligible expenses under HSA funds is crucial for maximizing benefits. This knowledge not only helps you spend wisely but also assists in budgeting for necessary medical needs. In the upcoming section, we will explore the process for submitting HSA claims for prescription glasses. This includes tips for maintaining records and ensuring a smooth reimbursement procedure.
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