Why Use My FSA for Fertility Treatment?
By timing the start of the IVF cycle with the beginning of the plan year, a couple can treat their FSA as a tax-free medical loan. Qualified expenses can then be reimbursed, and the loan is repaid with pre-tax dollars.
Since an FSA works like an interest-free loan, your employer must reimburse qualifying expenses. When you time the treatment at the beginning of the plan year, you then have up to 52 weeks to repay your employer using pre-tax dollars, which reduces your costs overall.
Estimating future infertility treatment expenses can be really difficult. Many potential parents run into uncertainty about the number of cycles needed to get pregnant. Some may conceive right away while others may pay for multiple cycles.