FSA Spending Planner
Plan contributions to avoid losing money
Use It or Lose It
FSA funds expire at year-end (some plans offer $640 rollover or 2.5-month grace period). Plan carefully to maximize savings without losing money.
Annual FSA Contribution
2024 limit: $3,200 | Monthly: $167
Expected Medical Expenses
Your Plan Status
Risk of Losing Money$2,000
Contributing
$1,100
Expected Expenses
$900
May Lose
Estimated Tax Savings
$330
Assuming 30% tax bracket
Effective Discount
30%
On all eligible expenses
Year-End Balance Projection
Green line shows typical $640 rollover limit (if your plan allows)
FSA Money-Saving Tips
Stock up on FSA-eligible items before year-end (first aid, sunscreen, contacts)
Schedule dental cleanings, eye exams, and physicals before deadline
Buy new prescription glasses or sunglasses
Consider orthodontics, LASIK, or other elective procedures
Purchase eligible OTC medications and supplies