Peanut Plus is now HSA/FSA eligible

Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) are tax-advantaged accounts that let you use pre-tax money to pay for qualified health expenses. These accounts are usually set up and managed by an HSA or FSA administrator, which you can typically access through your employer (check with your HR department!).

HSAs are usually linked to a high-deductible health plan, and the funds don’t expire, you can use them year after year. FSAs, on the other hand, are independent of your health plan. You’ll elect your FSA contribution amount each fall for the following calendar year, and FSA funds generally expire at year-end.

Please note that HSAs and FSAs are only available in the U.S.. Self-employed individuals (without an HSA from previous employment) are not eligible for these accounts.