If you have an employer sponsored Flexible Spending Account, NOW is the time to make sure that you use the money in the account. In many cases, if you don’t use it, you’ll lose it come the end of the year. Make your appointment today, (www.manningwellness.com) get on the path to healing and wellness, and make sure that you’re not leaving your money on the table.

Here is some additional information:

Flexible Spending Accounts (FSAs) are like the cranky old grandfather of Health Savings Accounts—they provide tax-free money for eligible medical expenses, but guess what? Your employer gets to keep any funds you contribute but left unspent in the FSA at the end of the year are forfeited, or lost.

So how’s an HSA different? First, there’s no use-it-or-lose it rule—you always keep your unspent funds. Secondly, you don’t have to go through your employer to get an HSA, but you can’t have an FSA if your employer doesn’t offer it. Thirdly, you can take the account with you when you change jobs. And lastly, money in your HSA earns interest.

Make sure you know what type of plan you have so that you don’t end up losing money come 2013. If you need additional information or help, give us a call. 214-720-2225