The Flexible Spending Account (FSA) grace period is in full swing, and it’s a golden opportunity to make the most of your remaining FSA funds. With a wide range of adaptive and rehabilitative fitness tools, Equip Products is here to help you put those funds to good use while enhancing your health and wellness. Equip Products utilizes the TrueMed integration allowing a seamless check out process with a letter of medical necessity.
Understanding the FSA Grace Period
How It Works
The FSA grace period is a set amount of time following the end of a plan year during which you can continue to use any unspent funds in your FSA. This grace period prevents forfeiture of your hard-earned dollars and ensures you have additional time to make eligible purchases.
Grace Period Length and Timing
For most calendar-year FSA plans, the grace period begins on January 1 and extends to March 15, offering 2.5 months to utilize leftover funds. However, the exact duration of the grace period may vary depending on your employer’s specific plan. It’s essential to confirm the details with your HR representative or benefits administrator.
What Happens to Unused Funds?
Any FSA funds that remain unused after the grace period ends are forfeited and returned to your employer. To avoid losing this money, it’s crucial to plan ahead and make eligible purchases before the deadline.
How Equip Products Can Help
Equip Products offers a range of eligible items designed to support your fitness, rehabilitation, and overall well-being. Here are some top picks to consider:
1. Concept2 RowErg
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An industry standard for rowing workouts, the RowErg provides a full-body, low-impact exercise that builds strength and endurance. Perfect for users of all fitness levels, it’s a durable investment in your health.
2. Concept2 SkiErg
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Bring the benefits of Nordic skiing indoors with the SkiErg. This versatile tool is ideal for building upper body strength and cardiovascular endurance while offering a smooth and responsive workout experience.
3. Concept2 BikeErg
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Designed for cycling enthusiasts, the BikeErg combines precision engineering with a smooth ride. With its air-resistance flywheel and customizable settings, it’s an excellent choice for improving power and stamina.
4. Wheely-X
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Designed for wheelchair users, the Wheely-X provides an innovative way to enhance upper-body strength and cardiovascular health. Its adaptive design ensures inclusivity and accessibility for all.
5. Multi Ropes™
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Enhance your strength and flexibility with these versatile resistance ropes, ideal for adaptive and rehabilitative fitness routines.
6. Patented Ring Rash Guards
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Protect your arms and shoulders and improve function for high-intensity workouts or physical therapy exercises.
7. Aldridge Arm
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Perfect for individuals needing additional support during lifting exercises, the Aldridge Arm ensures comfort and precision.
Benefits of Using FSA Funds for Fitness Products
1. Avoid Losing Funds
The grace period allows you to maximize your FSA contributions by extending the time to use your funds, ensuring none go to waste.
2. Invest in Your Health
Using FSA funds for fitness and rehabilitation tools supports long-term health goals, whether you’re recovering from an injury or improving your overall fitness.
3. Convenient Shopping
Equip Products makes it easy to find high-quality, eligible items that align with your needs. Our products are designed to promote wellness and provide lasting value.
Tips for Making the Most of the Grace Period
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Check Your FSA Balance: Log into your account to see how much you have left to spend.
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Know Your Plan’s Details: Confirm the grace period length and eligible expenses with your employer.
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Shop Early: Don’t wait until the last minute to make purchases.
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Focus on Health and Wellness: Invest in tools that will benefit your physical well-being for the long term.
Conclusion
The FSA grace period is your chance to take full advantage of unused funds while prioritizing your health and fitness. Equip Products offers a variety of eligible tools—including the Concept2 RowErg, SkiErg, BikeErg, and Wheely-X—that can help you achieve your wellness goals and make the most of every dollar in your FSA account.
Don’t let the March 15 deadline pass you by—shop now and experience the difference Equip Products can make in your fitness journey. Visit our website or contact us today for more information on FSA-eligible items!