Date Posted: August 15, 2012
ADD SAFETY TO YOUR BATH WITH PRE-TAX HEALTH FLEXIBLE-SPENDING ACCOUNT DOLLARS
North Olmsted, Ohio... In today's economy, we're all looking for ways to save, and a Health Flexible-Spending Account (FSA) is an ideal way for consumers to save significantly each year. This tax-advantaged account allows employees to set aside a portion of earnings to pay for qualified health expenses. Money is simply deducted from the employee's pay into the FSA and is not subjected to payroll taxes.
While most often used to cover traditional medical expenses, such as prescriptions and doctor visits, FSAs allow many additional purchases. According to IRS Publication 502, "you can include in medical expenses amounts you pay for special equipment installed in a home, or for improvements, if their main purpose is medical care for you, your spouse, or your dependent."
The perfect examples of potentially qualifying products are bath safety items, such as grab bars, hand grips and tub grips.* These products may be purchased from home improvement stores and select websites, and with proper documentation, may be eligible for reimbursement under your FSA account.
Top Bath Safety Items
Luckily, updating your home with safety products can be simple and attractive. Moen® Home Care® brand, for instance, offers a variety of products, such as Hand Grips, Balance Assist Bars, Tub Grips and Designer Grab Bars to update your home with needed safety products and potentially utilize those last-minute FSA dollars.* Some of the newest offerings include Grab Bars with Accessories available at Lowe's and through online partners for approximately $60. This product line includes a grab bar with a paper holder (to assist getting on and off the toilet), a towel bar (to hold towels while assisting getting into and out of the shower or tub) and a straight shelf or corner shelf (to keep shower items handy and keep a firm grip in the shower). Plus, Moen's SecureMount™ Anchors will help you to install these products safely and anywhere on the wall without the need for studs, within minutes.
"Our goal is to make every bath a safe bath... and we know that the key to convincing homeowners to install these needed safety products is to ensure they look stylish and add meaningful functionality to their everyday lives," said Laurie Birko, Moen Home Care brand manager. "In fact, our Grab Bars with Accessories were named among This Old House Magazine's Top 100 Best New Home Products in 2011."