Originally Posted by
NERD
Thanks Denny. In the past I set aside 1200/yr for contacts, vision exam, prescript copay, etc. So with the HSA I could lower that amount to just cover vision and contacts.
Except for the prescription copay (I don't think you can use a LP FSA for that), absolutely! And it's before tax money. I use it for glasses/exam and dental. The last couple of years either my wife or I have needed a crown and it has come in handy to have that money already put aside. Now $500 can be carried over year to year so you don't have to be right on the money in your estimate of expenses.
Denny