How may I use a flexible spending account (FSA) to offset costs for orthodontic services?
With an FSA, you can set aside up to $2,650 (annual deduction limitation per employee) a year pre-tax to pay for out-of-pocket medical expenses, including orthodontic care. If you spread the treatment plan over two years, you could use up to $5,300 in FSA funds to cover the orthodontic bills. The tax savings could cover from 18 to 25 percent of the cost (depending on your tax bracket).
See the FSA flyer to learn how you can offset costs for orthodontic services.