Plan Your Way to Maximize Benefits Before 2026

Get Ahead of the Year-End Rush

 

It's that time of year again when the end of the year approaches faster than it seems possible. Among holiday preparations and New Year's resolutions, it's easy to overlook your valuable health and financial benefits. Feeling overwhelmed is understandable, but with a few strategic moves, you can set yourself up for savings and peace of mind in the new year. Here's why it's crucial to act now and make the most of your unused benefits before 2026.

 

Max Out Health Savings Account Contributions

 

Have you fully funded your Health Savings Account (HSA) this year? Remember, you can contribute until the end of the year, and doing so comes with a triple tax advantage—deductible contributions, tax-free growth, and tax-free withdrawals for qualified expenses.

 

Utilize Your Flexible Spending Account

 

Don't let your Flexible Spending Account (FSA) balance go to waste due to its "use it or lose it" nature. Spend remaining balances on eligible expenses before December 31st, unless your plan offers a grace period or allows for a rollover.

 

Refill Prescriptions

 

If you've hit your deductible or out-of-pocket maximum, consider refilling your prescriptions now. This can help you save significantly on medications you regularly need.

 

Check Your Deductible Status

 

It's wise to check if you've met your health insurance deductible. If you have, it might be the ideal time to schedule any necessary check-ups, procedures, or follow-up appointments before everything resets.

 

Book Dental or Vision Appointments

 

Before your benefits reset, see if you can squeeze in dental or vision appointments. If usual slots are full, ask your provider to add you to their cancellation list for a chance at snagging any last-minute openings.

 

Contact Your Plan Administrator

 

If you're uncertain about your remaining benefits or coverage details, don't hesitate to reach out to your plan administrator. They can provide clarity and assurance on how to best utilize your benefits.

 

Take Control and Act Now

 

A few small actions today can lead to substantial savings and a stress-free start to 2026. Check your current status and don't hesitate to reach out to a professional for guidance. The deadline of December 31st is approaching, so take control and ensure you're making the most of what you have.