It’s time for braces. Do you know how you are going to finance your braces? Dr. Milestone of Milestone Orthodontics in West Orange says there is a greater emphasis on different financial options for braces. Dr. Milestone consults new patients who are concerned about treatment costs for braces. Flex Spending Accounts (FSAs) may help patients from Milestone Orthodontics pay for their braces and orthodontic treatment.
Milestone Orthodontics recommends looking into a Flexible Spending Account (FSA) to help finance your braces and orthodontic treatment. A Flexible Spending Account is a tax-advantaged account for use in paying for qualifying medical expenses. Milestone Orthodontics says you should check to see if your employer offers FSAs. If you have a FSA, you would be able to use the pre-tax funds that you’ve set aside to cover braces and any orthodontic treatment plan at Milestone Orthodontics in West Orange. FSAs are exempt from federal taxes, Social Security (FICA) taxes and, in most cases, state income taxes.
A FSA can be a great option for funding orthodontic treatment and bridging the gap between what is covered by your dental insurance plan and the final cost of braces, says the staff at Milestone Orthodontics in West Orange. Paying through an FSA makes it possible to reduce out-of-pocket costs of braces by nearly one third, because the money goes into the FSA account untaxed.
At Milestone Orthodontics, we can help a patient, or a patient’s parent, determine exactly how much braces or orthodontics treatment will cost and recommend how much money to set aside per year so that no funds will be lost. Orthodontic treatment is an ideal fit for FSA financing in West Orange.
Prospective or current orthodontic patients with Milestone Orthodontics, who have access to FSAs, should consider using their FSA to finance their braces orthodontic treatment. If you are not familiar how they work, should contact Milestone Orthodontics in West Orange with any questions. We look forward to helping you make your orthodontic treatment an easy one.
Source: https://www.aaoinfo.org/news/2012/12/financing-orthodontic-treatment-part-ii-flexible-spending-accounts-fsas-help-many