A Flexible Spending Account (FSA) is a convenient way to save on dental and medical expenses throughout the year. It lets you set aside pre-tax income for eligible health costs, making it easier to afford the care you need. FSAs help lower out-of-pocket expenses and simplify managing your family’s dental care. At Listiyo Family Dental in Long Beach, CA, our trusted team is here to help you maximize your FSA benefits and keep your smile healthy all year long.
How FSAs Work
An FSA allows you to use pre-tax dollars from your paycheck to pay for qualified health and dental expenses. These contributions reduce your taxable income and make care more affordable. Most employees choose their contribution amount during open enrollment and have a specific time frame to use those funds.
- Tax-free contributions: Reduce your taxable income while saving for care
- Pre-set contributions: Decide your yearly amount during open enrollment
- Annual usage: Most funds must be used within the plan year
- Eligible care: Applies to a wide range of medical, dental, and vision needs
Benefits & Limitations Of FSAs
FSAs offer excellent flexibility and savings for routine and unexpected care. Most accounts come with a debit card that can be used directly at participating offices, making transactions quick and simple. These benefits help make FSAs a practical tool for managing your health expenses.
- Tax savings: Lower taxable income and increase take-home pay
- Easy access: Pay directly with a linked FSA debit card
- Contribution limits: Up to $2,750 per year per employee
- Rollover rule: Up to $500 may carry over to the next year
Keep in mind that FSAs follow a “use it or lose it” policy, and funds are typically tied to your employer. If you change jobs, unused funds usually can’t be transferred. Staying aware of your balance helps ensure no savings go to waste.
How To Save Money With An FSA
Using your FSA effectively starts with planning ahead. During open enrollment, estimate how much you’ll spend on medical and dental care for the year. Choosing the right contribution amount helps you save on taxes while ensuring your funds are fully used.
- Enroll early: Sign up during your employer’s open enrollment period
- Plan smart: Estimate yearly dental and medical needs carefully
- Track balance: Use funds before they expire
- Ask for help: Our team can help estimate treatment costs in advance
Using FSA Funds For Dental Care
Your FSA can be used for a variety of approved dental services. Preventive and restorative procedures typically qualify, helping you maintain your oral health without added financial stress. Before scheduling treatment, confirm eligibility with your employer or FSA administrator.
- Routine care: Exams, cleanings, and diagnostic x-rays
- Restorative treatments: Fillings, crowns, bridges, and dentures
- Periodontal therapy: Treatments for gum disease
- Oral surgery: Medically necessary procedures
Cosmetic treatments, such as elective whitening or aesthetic orthodontics, are usually not covered. Orthodontic care that is medically necessary may be eligible under certain plans.
Common Questions About FSAs
An FSA is a pre-tax savings account offered by employers to help pay for qualified medical and dental expenses not covered by insurance.
Employees can generally contribute up to $2,750 per year, while spouses may contribute separately to their own FSAs.
Yes. Most preventive, restorative, and medically necessary dental procedures qualify under FSAs.
Up to $500 can roll over into the next year, but remaining funds beyond that amount are forfeited.
FSAs are owned by employers, so unused funds typically do not transfer to a new job. It’s best to use your balance before leaving your current position.
Eligible Medical & Dental Expenses
Your FSA can cover a wide range of qualified expenses, including:
- Preventive care: Cleanings, exams, and x-rays
- Restorative treatments: Fillings, crowns, bridges, and dentures
- Periodontal therapy: Gum disease treatment and maintenance
- Oral surgery: Medically necessary procedures
Funds can also apply to other approved medical costs, such as:
- Prescription medications
- Medical and diagnostic supplies
- Over-the-counter medications (with a doctor’s note)
- Copays, deductibles, and coinsurance
- Eyeglasses, contact lenses, and eye surgery
- Hearing aids and hospital care
Since coverage varies by employer, confirm eligibility with your plan provider before scheduling care.
Make The Most Of
Your Benefits
At Listiyo Family Dental, we believe everyone deserves access to quality care that fits their budget. Our team can help you understand your FSA coverage, estimate treatment costs, and plan your care before funds expire. Don’t let unused benefits go to waste—schedule your next visit today and make the most of your Flexible Spending Account in Long Beach, CA.