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Flexible Spending Account (FSA) & Health Savings Account (HSA)

What is a Health Savings Account (HSA)?

A Health Savings Account (HSA) is a tax-advantaged savings account available to individuals in the United States who are enrolled in a high-deductible health plan (HDHP). Contributions to an HSA are made with pre-tax dollars, and the funds can be...

What is a Flexible Spending Account (FSA)?

A Flexible Spending Account (FSA) is another type of tax-advantaged savings account available in the United States, typically offered as part of an employer's benefits package. Employees can contribute a portion of their pre-tax earnings to their...

Are Flexible Spending Accounts (FSAs) & Health Savings Accounts (HSAs) only available in the United States?

Yes, Flexible Spending Accounts (FSAs) & Health Savings Accounts (HSAs) are specific to the United States and are governed by U.S. tax laws and regulations. However, similar concepts may exist in other countries, but they are often structured...

What are the tax advantages of Flexible Spending Accounts (FSAs) & Health Savings Accounts (HSAs)?

Contributions to both Flexible Spending Accounts (FSAs) & Health Savings Accounts (HSAs) are made with pre-tax dollars, which means that the money contributed to these accounts is not subject to federal income tax. Additionally, any interest or...

What expenses are eligible for reimbursement with Flexible Spending Accounts (FSAs) & Health Savings Accounts (HSAs)?

Qualified medical expenses that are eligible for reimbursement with Flexible Spending Accounts (FSAs) & Health Savings Accounts (HSAs) typically include a wide range of healthcare-related costs, such as doctor's visits, prescription medications,...

Are Mira products eligible for reimbursement with my Flexible Spending Account (FSA) & Health Savings Account (HSA)?

Yes, Mira products are eligible for reimbursement with your Health Savings Account (HSA) or Flexible Spending Account (FSA).Mira offers a range of products tailored to your fertility journey, including prenatal supplements, fertility testing...

How do I get reimbursed if I can't use my Health Savings Account (HSA) or Flexible Spending Account (FSA) card to purchase Mira?

Mira products are eligible for reimbursement with your Health Savings Account (HSA) or Flexible Spending Account (FSA). To seek reimbursement for your out-of-pocket expenses, you'll need to submit a claim to your health insurance company. This...

What should I consider regarding the timing of my purchase with my Health Savings Account (HSA) or Flexible Spending Account (FSA)?

Review your plan's year-end spending rules and deadlines, including any run-out or grace periods, to maximize your benefits before they expire. Ensure you verify these details with your accountant to optimize your benefits effectively.

Can I pay for Mira with my Flexible Spending Account (FSA) & Health Savings Account (HSA) card?

Yes, you can.There are two ways you can easily do so:You can purchase Mira with your Flexible Spending Account (FSA) & Health Savings Account (HSA) debit card, directly from our website.You can also purchase Mira from our website using any regular...