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FSA Store® shares three things consumers should do now to avoid forfeiting FSA (flexible spending account) funds in December
FSA Store® shares three things consumers should do now to avoid forfeiting FSA (flexible spending account) funds in December

Malaysian Reserve

time10-07-2025

  • Business
  • Malaysian Reserve

FSA Store® shares three things consumers should do now to avoid forfeiting FSA (flexible spending account) funds in December

Consumers collectively forfeit over $3 billion each year in unused FSA funds to the December 31 use-it-or-lose-it deadline, but FSA education and guaranteed-eligible shopping eliminates guesswork and allows consumers to use funds wisely before they expire DALLAS, July 10, 2025 /PRNewswire/ — The December 31 use-it-or-lose-it deadline for FSAs is just six months away, and to help more than 35 million people who are enrolled in these accounts avoid forfeiting funds to a missed deadline, FSA Store is sharing three things all FSA users should know and do now. FSA Store–the first and leading online store that exclusively sells FSA-eligible products and telehealth services–is widely known for its educational resources, interactive FSA management tools for individuals, and its guaranteed-eligible shopping experience for individuals and families. In the spirit of early education and deadline awareness, the company is sharing essential FSA facts and recommended actions with consumers. What is an FSA? An FSA is a tax-advantaged account that consumers can enroll in through their employer-sponsored benefits program. Employees and/or employers can contribute to the account through pre-tax payroll contributions. This reduces the employee's taxable income and helps them pay for a wide range of qualified medical expenses. FSA-eligible expenses are determined by the Internal Revenue Service. Three things to do now to avoid forfeiting funds in December.1. Know your deadline. All FSAs have a deadline by which funds must be spent each year. The majority of employers that offer an FSA have a December 31 deadline, which means that employees who are enrolled in the FSA may need to spend all funds by December 31. With a few exceptions, unused funds will be forfeited if not spent by this date. This December deadline is often referred to as the 'use-it-or-lose-it deadline.' After this date, any unused funds are forfeited, unless your plan includes one of the following options: Grace period extension. Employers may opt to give employees a grace period of two-and-a-half months after their plan year deadline to spend down remaining FSA funds from the previous calendar year. Carryover extension. Employers may allow employees to carry over up to $660 in FSA funds from the current plan year to the next. 2. Check your FSA balance. According to the Employee Benefit Research Institute, the average FSA contribution in recent years has been around $1,300. However, approximately 50% of users forfeit at least some of their FSA funds, with the average loss totaling over $400 per person. Meanwhile, industry estimates show that FSA users cumulatively forfeit on average $3 billion each year by missing this check your balance, log into your FSA portal or contact your plan administrator. offers tools to help track spending, view deadlines, and shop confidently with zero guesswork, and 24/7 access to trained FSA customer service experts. 3. Map your spending for the remainder of 2025. The list of eligible FSA expenses has expanded in recent years to include a wide variety of clinical services, telehealth services, and an extensive list of everyday essentials and specialty items. Some of the most popular ways to spend FSA dollars include: High-tech devices like health and activity trackers, hearing aids, migraine relief bands, deep tissue massage guns, baby health monitors, and more. Telehealth services, like virtual therapy, sleep health, hormonal health, and prescription weight loss medications. Over-the-counter medications. Award-winning skincare products. Sunscreen, lip balms, and moisturizers with SPF. First-aid kits. Allergy medications. Menstrual care products. Drug-free pain relief products. To help account holders maximize their tax-free funds, FSA Store offers an interactive deadline spending tool, a searchable eligibility list, product bundles, the ability to shop by price to align with their remaining funds, and much more. Consumers are also encouraged to consider FSA Store's list of most frequently purchased products. About Health-E CommerceHealth-E Commerce® is the parent brand to FSA Store and HSA Store, online stores that serve the 70+ million consumers enrolled in pre-tax health and wellness accounts. The company also created Caring Mill®, a popular private-label line of health products through which a portion of every purchase is donated to the Children's Health Fund. Since 2010, the Health-E Commerce brands have led the direct-to-consumer e-commerce market for exclusively pre-tax health and wellness benefits. Health-E Commerce plays an essential role in expanding product eligibility for important new products and telehealth services within the list of eligible medical expenses.

Care for your skin with tax-free funds: Newly announced, award-winning skincare products available on FSA Store® and HSA Store®
Care for your skin with tax-free funds: Newly announced, award-winning skincare products available on FSA Store® and HSA Store®

Yahoo

time25-06-2025

  • Business
  • Yahoo

Care for your skin with tax-free funds: Newly announced, award-winning skincare products available on FSA Store® and HSA Store®

Consumers can save money by using tax-free flexible spending account (FSA) and health savings account (HSA) funds – with zero guesswork – to purchase industry-recognized premium skincare products DALLAS, June 25, 2025 /PRNewswire/ -- Healthy skin is a priority for 48% of American men and women, and recent estimates show that women spend an average of $600 per year on skincare products, while men spend an average of $384. While skin health is a top concern, finding products that are effective and affordable can be a challenge. There's good news for millions of individuals and families who are enrolled in an FSA or HSA to pay for healthcare expenses: these tax-free funds can be used to pay for a wide variety of skincare products, including trusted, award-winning products. Health-E Commerce®, parent brand to FSA Store and HSA Store, has released its list of newly announced award-winning skincare products that have been recognized by industry-leading sources to help FSA and HSA users maximize their healthcare spending. "Skincare, including acne treatments and sun protection, is a top-of-mind concern for people of all ages, yet most consumers don't realize they can use their tax-free FSA and HSA to meet this specific healthcare need," said Keri Kaiser, chief revenue officer for Health-E Commerce. "Our team has curated a selection of guaranteed-eligible skincare products that are recommended as top choices for consumers, which makes it easy for account holders to to use their funds with confidence and to achieve healthy skin." Nearly 70 million people are enrolled in FSAs and HSAs, and they can use their accounts to purchase products from brands like ZitSticka, Rael Beauty, EltaMD, Supergoop!, Hero Cosmetics, La Roche-Posay, MDSolarSciences, Dr. Dennis Gross DRx, l.a.b., Black Girl Sunscreen, PanOxyl, CeraVe, and Blume. Award-winning products for 2025 (to date) that are available at FSA Store and HSA Store include: New You 2025 Award Winner for Best Clean Skincare: ZitSticka KILLA ACNE Extra Strength Microdart Patches, 4 pack Good Housekeeping 2025 Award Winner for Superior Skincare: Rael Beauty Miracle Patch Advanced Strength Retinol Spot Cover Allure Beauty Reader's Choice Award Winner, Skincare: Supergoop Unseen Sunscreen SPF 50 Allure Beauty Reader's Choice Award Winner, Clean Sunscreen: Supergoop Play 100% Mineral Lotion SPF 30 Allure Beauty Reader's Choice Award Winner, Acne Treatment : Hero Mighty Patch Original Allure Beauty Reader's Choice Award Winner, Sunscreen: La Roche-Posay Anthelios Melt-In Milk Sunscreen, SPF 60, 3.04 fl oz. In 2024, FSA Store and HSA Store carried over 30 award-winning skincare products, and the list for 2025 will continue to grow as industry and consumer rating information is released. Visit FSA Store or HSA Store to explore more options for protecting and improving the health of your skin. About Health-E Commerce Health-E Commerce is the parent brand to FSA Store and HSA Store, online stores that serve the 70+ million consumers enrolled in pre-tax health and wellness accounts. The company also created Caring Mill®, a popular private-label line of health products through which a portion of every purchase is donated to the Children's Health Fund. Since 2010, the Health-E Commerce brands have led the direct-to-consumer e-commerce market for exclusively pre-tax health and wellness benefits. Health-E Commerce plays an essential role in expanding eligibility for important new products and telehealth services within the list of eligible medical expenses. View original content to download multimedia: SOURCE Health-E Commerce

Health-E Commerce® expands telehealth offerings with LifeMD™ to provide sleep treatments via FSA Store® and HSA Store®
Health-E Commerce® expands telehealth offerings with LifeMD™ to provide sleep treatments via FSA Store® and HSA Store®

Yahoo

time09-06-2025

  • Health
  • Yahoo

Health-E Commerce® expands telehealth offerings with LifeMD™ to provide sleep treatments via FSA Store® and HSA Store®

New collaboration delivers 50% off prescription sleep support for new customers who are struggling with insomnia and sleep disruption DALLAS, June 9, 2025 /PRNewswire/ -- Health-E Commerce, the parent brand of FSA Store and HSA Store, the first and leading online stores dedicated to selling only FSA- and HSA-eligible products and services, announced today that it has expanded its telehealth collaboration with LifeMD™, a leader in virtual care. This latest initiative gives FSA and HSA users affordable, convenient access to FDA-approved prescription sleep treatments at a time when better sleep care is urgently needed. According to the CDC, insufficient sleep is linked to higher risks of obesity, diabetes, heart disease, and depression, which means expanded access to treatment is not just beneficial, it's essential. The arrangement allows new customers who shop at FSA Store or HSA Store to receive 50% off prescription sleep medications from LifeMD, with no in-person appointments required. Following a free virtual consultation, approved patients can have non-addictive, physician-prescribed treatments discreetly delivered to their door, making it easier than ever to address sleep concerns with clinically backed solutions. "The connection between sleep and our overall physical and mental health is undeniable, and poor sleep can even impact our productivity at work and our overall quality of life," said Keri Kaiser, chief revenue officer for Health-E Commerce. "The expansion of our telehealth collaboration with LifeMD gives consumers more options for diagnosing and treating sleep disorders and improving sleep health, while saving money by using tax-free FSA- and HSA-eligible services. We're proud to simplify access to care for millions of Americans and to maximize their healthcare dollars." Many individuals who experience poor sleep rely on over-the-counter remedies that may not be effective for persistent insomnia or sleep disruptions. Fortunately, LifeMD's prescription sleep solutions are designed to address the root causes of poor sleep with medications that target sleep onset, duration, and quality, including Ramelteon, Doxepin, and Trazodone. Eligibility for prescription treatments is determined by a licensed LifeMD physician and backed by LifeMD's 4.9-star patient satisfaction rating. "We're proud to expand our telehealth collaboration with Health-E Commerce to give individuals and families who are enrolled in FSAs and HSAs access to clinical support to improve sleep health and their overall quality of life," said Nicholas Alvarez, co-founder and chief acquisition & growth officer at LifeMD. "Everyone deserves access to quality medical care that is convenient and affordable, and by collaborating with FSA Store and HSA Store, we are able to effectively extend the reach of our services to individuals and families across the country." LifeMD's sleep solutions are now available at and alongside other telehealth services for home sleep apnea testing, CPAP devices and supplies, CPAP alternatives, and more. This launch reinforces Health-E Commerce's mission to make tax-free healthcare dollars work harder for the more than 70 million Americans enrolled in pre-tax health accounts. To learn more or access eligible sleep health services and products, visit or About Health-E CommerceHealth-E Commerce is the parent brand to FSA Store and HSA Store, online stores that serve the 70+ million consumers enrolled in pre-tax health and wellness accounts. The company also created Caring Mill®, a popular private-label line of health products through which a portion of every purchase is donated to the Children's Health Fund. Since 2010, the Health-E Commerce brands have led the direct-to-consumer e-commerce market for exclusively pre-tax health and wellness benefits. Health-E Commerce plays an essential role in expanding eligibility for important new product and telehealth categories within the list of eligible medical expenses. About LifeMDLifeMD offers telemedicine, access to laboratory and pharmacy services, and specialized treatment across more than 200 conditions, including primary care, men's and women's health, weight management, and hormone therapy. The Company leverages a vertically-integrated, proprietary digital care platform, a 50-state affiliated medical group, and a U.S.-based patient care center to increase access to high-quality and affordable care. For more information, please visit View original content to download multimedia: SOURCE Health-E Commerce Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Health-E Commerce® expands telehealth offerings with LifeMD™ to provide sleep treatments via FSA Store® and HSA Store®
Health-E Commerce® expands telehealth offerings with LifeMD™ to provide sleep treatments via FSA Store® and HSA Store®

Malaysian Reserve

time09-06-2025

  • Health
  • Malaysian Reserve

Health-E Commerce® expands telehealth offerings with LifeMD™ to provide sleep treatments via FSA Store® and HSA Store®

New collaboration delivers 50% off prescription sleep support for new customers who are struggling with insomnia and sleep disruption DALLAS, June 9, 2025 /PRNewswire/ — Health-E Commerce, the parent brand of FSA Store and HSA Store, the first and leading online stores dedicated to selling only FSA- and HSA-eligible products and services, announced today that it has expanded its telehealth collaboration with LifeMD™, a leader in virtual care. This latest initiative gives FSA and HSA users affordable, convenient access to FDA-approved prescription sleep treatments at a time when better sleep care is urgently needed. According to the CDC, insufficient sleep is linked to higher risks of obesity, diabetes, heart disease, and depression, which means expanded access to treatment is not just beneficial, it's essential. The arrangement allows new customers who shop at FSA Store or HSA Store to receive 50% off prescription sleep medications from LifeMD, with no in-person appointments required. Following a free virtual consultation, approved patients can have non-addictive, physician-prescribed treatments discreetly delivered to their door, making it easier than ever to address sleep concerns with clinically backed solutions. 'The connection between sleep and our overall physical and mental health is undeniable, and poor sleep can even impact our productivity at work and our overall quality of life,' said Keri Kaiser, chief revenue officer for Health-E Commerce. 'The expansion of our telehealth collaboration with LifeMD gives consumers more options for diagnosing and treating sleep disorders and improving sleep health, while saving money by using tax-free FSA- and HSA-eligible services. We're proud to simplify access to care for millions of Americans and to maximize their healthcare dollars.' Many individuals who experience poor sleep rely on over-the-counter remedies that may not be effective for persistent insomnia or sleep disruptions. Fortunately, LifeMD's prescription sleep solutions are designed to address the root causes of poor sleep with medications that target sleep onset, duration, and quality, including Ramelteon, Doxepin, and Trazodone. Eligibility for prescription treatments is determined by a licensed LifeMD physician and backed by LifeMD's 4.9-star patient satisfaction rating. 'We're proud to expand our telehealth collaboration with Health-E Commerce to give individuals and families who are enrolled in FSAs and HSAs access to clinical support to improve sleep health and their overall quality of life,' said Nicholas Alvarez, co-founder and chief acquisition & growth officer at LifeMD. 'Everyone deserves access to quality medical care that is convenient and affordable, and by collaborating with FSA Store and HSA Store, we are able to effectively extend the reach of our services to individuals and families across the country.' LifeMD's sleep solutions are now available at and alongside other telehealth services for home sleep apnea testing, CPAP devices and supplies, CPAP alternatives, and more. This launch reinforces Health-E Commerce's mission to make tax-free healthcare dollars work harder for the more than 70 million Americans enrolled in pre-tax health accounts. To learn more or access eligible sleep health services and products, visit or About Health-E CommerceHealth-E Commerce is the parent brand to FSA Store and HSA Store, online stores that serve the 70+ million consumers enrolled in pre-tax health and wellness accounts. The company also created Caring Mill®, a popular private-label line of health products through which a portion of every purchase is donated to the Children's Health Fund. Since 2010, the Health-E Commerce brands have led the direct-to-consumer e-commerce market for exclusively pre-tax health and wellness benefits. Health-E Commerce plays an essential role in expanding eligibility for important new product and telehealth categories within the list of eligible medical expenses. About LifeMDLifeMD offers telemedicine, access to laboratory and pharmacy services, and specialized treatment across more than 200 conditions, including primary care, men's and women's health, weight management, and hormone therapy. The Company leverages a vertically-integrated, proprietary digital care platform, a 50-state affiliated medical group, and a U.S.-based patient care center to increase access to high-quality and affordable care. For more information, please visit

Health-E Commerce® expands telehealth offerings with LifeMD™ to provide sleep treatments via FSA Store® and HSA Store®
Health-E Commerce® expands telehealth offerings with LifeMD™ to provide sleep treatments via FSA Store® and HSA Store®

Yahoo

time09-06-2025

  • Health
  • Yahoo

Health-E Commerce® expands telehealth offerings with LifeMD™ to provide sleep treatments via FSA Store® and HSA Store®

New collaboration delivers 50% off prescription sleep support for new customers who are struggling with insomnia and sleep disruption DALLAS, June 9, 2025 /PRNewswire/ -- Health-E Commerce, the parent brand of FSA Store and HSA Store, the first and leading online stores dedicated to selling only FSA- and HSA-eligible products and services, announced today that it has expanded its telehealth collaboration with LifeMD™, a leader in virtual care. This latest initiative gives FSA and HSA users affordable, convenient access to FDA-approved prescription sleep treatments at a time when better sleep care is urgently needed. According to the CDC, insufficient sleep is linked to higher risks of obesity, diabetes, heart disease, and depression, which means expanded access to treatment is not just beneficial, it's essential. The arrangement allows new customers who shop at FSA Store or HSA Store to receive 50% off prescription sleep medications from LifeMD, with no in-person appointments required. Following a free virtual consultation, approved patients can have non-addictive, physician-prescribed treatments discreetly delivered to their door, making it easier than ever to address sleep concerns with clinically backed solutions. "The connection between sleep and our overall physical and mental health is undeniable, and poor sleep can even impact our productivity at work and our overall quality of life," said Keri Kaiser, chief revenue officer for Health-E Commerce. "The expansion of our telehealth collaboration with LifeMD gives consumers more options for diagnosing and treating sleep disorders and improving sleep health, while saving money by using tax-free FSA- and HSA-eligible services. We're proud to simplify access to care for millions of Americans and to maximize their healthcare dollars." Many individuals who experience poor sleep rely on over-the-counter remedies that may not be effective for persistent insomnia or sleep disruptions. Fortunately, LifeMD's prescription sleep solutions are designed to address the root causes of poor sleep with medications that target sleep onset, duration, and quality, including Ramelteon, Doxepin, and Trazodone. Eligibility for prescription treatments is determined by a licensed LifeMD physician and backed by LifeMD's 4.9-star patient satisfaction rating. "We're proud to expand our telehealth collaboration with Health-E Commerce to give individuals and families who are enrolled in FSAs and HSAs access to clinical support to improve sleep health and their overall quality of life," said Nicholas Alvarez, co-founder and chief acquisition & growth officer at LifeMD. "Everyone deserves access to quality medical care that is convenient and affordable, and by collaborating with FSA Store and HSA Store, we are able to effectively extend the reach of our services to individuals and families across the country." LifeMD's sleep solutions are now available at and alongside other telehealth services for home sleep apnea testing, CPAP devices and supplies, CPAP alternatives, and more. This launch reinforces Health-E Commerce's mission to make tax-free healthcare dollars work harder for the more than 70 million Americans enrolled in pre-tax health accounts. To learn more or access eligible sleep health services and products, visit or About Health-E CommerceHealth-E Commerce is the parent brand to FSA Store and HSA Store, online stores that serve the 70+ million consumers enrolled in pre-tax health and wellness accounts. The company also created Caring Mill®, a popular private-label line of health products through which a portion of every purchase is donated to the Children's Health Fund. Since 2010, the Health-E Commerce brands have led the direct-to-consumer e-commerce market for exclusively pre-tax health and wellness benefits. Health-E Commerce plays an essential role in expanding eligibility for important new product and telehealth categories within the list of eligible medical expenses. About LifeMDLifeMD offers telemedicine, access to laboratory and pharmacy services, and specialized treatment across more than 200 conditions, including primary care, men's and women's health, weight management, and hormone therapy. The Company leverages a vertically-integrated, proprietary digital care platform, a 50-state affiliated medical group, and a U.S.-based patient care center to increase access to high-quality and affordable care. For more information, please visit View original content to download multimedia: SOURCE Health-E Commerce Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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