Joker Posted September 8, 2012 Share Posted September 8, 2012 Older dd will be getting braces this month. Does anyone know if we can add the $140/mo to our HSA account during open enrollment and pay with that for all of next year? I'm wondering if having the braces put on and signing the agreement this year means it wouldn't be an eligible expense for next year. Thanks! Quote Link to comment Share on other sites More sharing options...
melmichigan Posted September 8, 2012 Share Posted September 8, 2012 We are on an agreement with each of the three I have in braces right now. Each year we add the total to our health care spending account (we just take our total allowed because we always run out) and then pay the monthly payments from the spending account for as long as there is money available. Quote Link to comment Share on other sites More sharing options...
Ali in OR Posted September 8, 2012 Share Posted September 8, 2012 I don't know the answer for sure, especially if you're paying monthly. My dd was referred for braces last fall. We set aside the money in the HSA for this year and the ortho was fine with waiting until January to put the braces on. But we paid in one lump sum and the date of service was obviously January--your situation is a little different. Quote Link to comment Share on other sites More sharing options...
justasque Posted September 8, 2012 Share Posted September 8, 2012 We worked with our ortho to make sure we did it in a way that met the requirements for the HSA. I don't remember the details, but I do remember it saved a significant amount of $$$. Talk to the folks who do your HSA and to the ortho - both will be used to this question and both should work with you to be sure it's all set up appropriately. Quote Link to comment Share on other sites More sharing options...
Twilight Woods Posted September 8, 2012 Share Posted September 8, 2012 I had to specifically work it with my ortho.. month to month for the entire 15 months. I received a statement each month I had services so I could send to my flex card to be approved. Quote Link to comment Share on other sites More sharing options...
Joker Posted September 8, 2012 Author Share Posted September 8, 2012 I know they said it would be set up as an automatic draft. At the time, I wasn't even thinking of using our HSA account. We don't set up payment arrangements until she has them on, though. I will call on Monday and ask about using our HSA account. Open enrollment is in October for us, so I will also talk with our HSA provider. Quote Link to comment Share on other sites More sharing options...
Pawz4me Posted September 8, 2012 Share Posted September 8, 2012 Older dd will be getting braces this month. Does anyone know if we can add the $140/mo to our HSA account during open enrollment and pay with that for all of next year? I'm wondering if having the braces put on and signing the agreement this year means it wouldn't be an eligible expense for next year. Thanks! We did it that way. Our son got his braces in January, so we had to wait until the open enrollment period in the fall to add in enough to cover the monthly orthodontist payments for the upcoming year. It wasn't a problem. Quote Link to comment Share on other sites More sharing options...
delaney Posted September 8, 2012 Share Posted September 8, 2012 The date of the payment determines what year you can deduct. Doesn't matter when you sign. Most orthos will let you wiggle the payment around so that you can get it under your flex spending. We make 2 lump payments so the 2nd one we pay and then use for Christmas money. Quote Link to comment Share on other sites More sharing options...
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