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Will You Use, or Lose, Your Flexible Spending Account Funds? | Families

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Will You Use, or Lose, Your Flexible Spending Account Funds?
Will You Use, or Lose, Your Flexible Spending Account Funds?

 

The holiday season is upon us, and thoughts are turning to Thanksgiving dinners, Christmas morning, New Year’s Eve celebrations and much-needed reunions with friends and family. And in the mad rush to make sure everything is perfect, we often let other things fall through the cracks. Make sure you don’t do this with any flexible spending accounts that your family may have.

Workplace provided flexible spending accounts are very popular because you can save tax dollars and use the funds to pay for medically related expenses. In most instances, the funds must be used by Dec. 31 of the benefit year, and if you don’t use the funds, you will lose them.

Tomasik Optical, with offices in Orchard Park and Lackawanna, would like to remind everyone in Western New York who has a medical flexible spending account to check their account balance and use the remaining funds before Dec. 31, 2013. Flexible spending account dollars can be spent on eye exams and vision-related products and supplies such as new glasses, contact lenses and even prescription sunglasses!

“Western New Yorkers work very hard for their money, and we would hate to see anyone forfeit funds from their flex accounts simply because they forgot about the end-of-year deadline,” said Michael Tomasik, owner of Tomasik Optical. “Vision products make outstanding holiday gifts as well. Who wouldn’t like to find a year’s supply of contact lenses, solution or new prescription sunglasses under the tree on Christmas morning?”

Eye examinations at Tomasik Optical are offered at their Orchard Park location at 3800 N. Buffalo Road. For more information, please call the Orchard Park location at 667-0004 or the Lackawanna store at 825-7434. And for more information on eye care and eyewear, please visit www.tomasikoptical.com, email mike@tomasikoptical.com or follow Tomasik Optical on Facebook at www.facebook.com/TomasikOptical.

 

East Aurora Businesses