Do you have a flexible spending account or an FSA? Did you know that you can use your FSA funds at Roper PT?
FSAs are generally use it or lose it plans. This means that amounts in the FSA at the end of the plan year generally cannot be carried over to the next year. Why lose those funds when you can use them at Roper Physical Therapy? FSA funds could be used for physical therapy, myofascial release, and medical therapeutic yoga appointments.
Many companies offer their employees flexible spending accounts or FSAs. FSAs are employer-sponsored benefits programs that enable employees to deduct pre-tax dollars from their paychecks to pay for qualified medical expenses for themselves, their spouses, and their dependents. Employees decide on a specific amount of their pre-tax income up to $2,650 for their FSA at the beginning of the year. Because FSAs are employer-sponsored, an employee has access to the entire year’s funds on the first day of the year, but are required to use the funds within the calendar year. Plans can offer a grace period or small carryover amount, but, typically, any unused funds are returned to the employer at the end of the year. While some FSA participants plan out their use of their account, many find themselves scrambling to use the remaining balance at the end of the year. Additionally, many participants do not realize that you can use these funds toward physical therapy, myofascial release, and medical therapeutic yoga classes at Roper Physical Therapy.
If you have any questions or would like to learn more, contact Roper PT by clicking here.