Visit our 2 convenient locations!

5900 Heckert Rd.
P.O. Box 324
Bakerstown, PA 15007
724-443-6767 Phone
724-443-6730 Fax

4001 Freeport Rd.
Natrona Heights, PA 15065
724-226-0444 Phone
724-226-0744 Fax

 

FSA

Do You Know Your FSA Balance?

It’s that time of year. Have you checked the balance in your Flexible Spending Accounts (FSA’s)? This pretax medical deduction can help you to spend less on your health care while experiencing the maximum tax benefit. There is a catch – you must use monies within the current calendar year to reap the rewards. By spending all of the money in your account before the year-end deadline, you ensure you are getting the most benefit from your hard-earned dollars.

FSA’s allow you to set money aside pre-tax from each paycheck… Continue reading

DO YOU KNOW YOUR FLEXIBLE SPENDING ACCOUNT (FSA) NUMBERS?

Flexible-Spending-AccountIf you haven’t checked your FSA balance recently, now may be the time to check your account. In 2018, the IRS raised the contribution limit from $2,600 in 2017 to $2,650 for 2018. FSAs are pretax monies that can save an employee up approximately 30% on their out of pocket medical expenses. Employees may use their FSA funds to cover certain qualified medical expenses that their employer’s plan does not cover, such as co-pays and deductibles. Other qualified medical expenses include contact lenses, eye exams, eyeglasses, crutches and hearing aids.… Continue reading

BALANCE CHECK ON FLEXIBLE SPENDING ACCOUNT BENEFITS

Flexible-spending-accountsIt’s that time of year. Have you checked the balance in your Flexible Spending Accounts (FSAs)? This pretax medical deduction can help you to spend less on your health care while experiencing the maximum tax benefit. There is a catch-you must use monies within the current calendar year to reap the rewards. By spending all of the money in your account before the year-end deadline, you ensure you are getting the most bang for your buck.

FSAs are pre-tax monies that are placed in an account and are available for… Continue reading

HAVE YOU SPENT DOWN YOUR FLEXIBLE SPENDING ACCOUNT?

Bissell Eyecare FSAPerhaps you over budgeted for this year’s Flexible Spending Account (FSA) and coming to the end of the year have too much left in the account. Are you taking steps to use up those monies? Depending on your employer and the type of plan you have, left over monies may or may not be eligible to carry over into 2015. So now is the time to act.

Confused on how and what an FSA is? A Flexible Spending Account (FSA) is a tax-favored program offered by employers that allows their… Continue reading