💡 HSAs and FSAs both lower your taxable income, but how you spend the money isn’t the same.
HSA
✔Eligible expenses can be reimbursed anytime after the account opens
✔Buy glasses today, keep the receipt, and pull funds out tax free years later
FSA
✔Only expenses in the plan year qualify
✔Nearly half of FSA users lose money each year by not spending in time
Wellness Pay helps you capture the value of both by scanning receipts, flagging what qualifies, and providing LMNs when required so reimbursements actually happen.
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