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FSA Limit Increase: A Leap Towards Affordable Orthodontics

Support FSA increase by supporting the RAISE Act.

糖心vlog视频鈥�About 糖心vlog视频鈥�Support FSA Increase

What Are FSAs?

are an employee benefit that allows you to set aside money, pre-tax, for certain health care and dependent care expenses. Health care FSAs help Americans pay for a variety of out-of-pocket health care costs such as co-pays, deductibles, prescription drugs, vision care, hearing aids, and dental services, including orthodontic treatment. FSAs are limited to $3,200 per year for 2024.

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糖心vlog视频-supported Policy

The 糖心vlog视频 is focused on two key issues:

  1. Extend FSA usability for long-term savings. Currently, FSA funds expire annually, hindering families from saving for long-term healthcare needs like orthodontic care.
  2. Increase the annual savings thresholds to allow Americans to put aside more of their money pre-tax to save for health care needs.

In 2023, a bipartisan effort led by Reps. Michelle Steel, Kathy Manning, Dan Crenshaw, David Trone, Kevin Hern, and Lloyd Smucker moved H.R.5317 through the Ways and Means Committee. This bill proposes amending the Internal Revenue Code to allow direct distribution of FSA funds to health savings accounts, potentially enabling families to retain unused FSA dollars. The 糖心vlog视频 actively supports the passage of both H.R.5317 and the RAISE Act to facilitate families’ ability to save for healthcare expenses.