LASIK COSTS LESS

WHEN YOU USE YOUR FLEX SPENDING ACCOUNT


What is a Flex Spending Account?
Flex Spending Accounts (FSAs or Cafeteria plans) allow you to use up to $2,500 of pretax income on medical expenses including LASIK.** Flex spending is setup by your employer and the money deducted from your pay check is not subject to payroll or income taxes, resulting in substantial savings.


Flex Spending Savings Example:

Choose Your flex button up
Household Income:
$50,000
$75,000
$100,000
$125,000
$150,000
flex button down
  With Spending Account Without Spending Account
Annual Income:
$50,000
$75,000
$100,000
$125,000
$150,000
$50,000
$75,000
$100,000
$125,000
$150,000
Max allowed withholding for LASIK:
$2,500
$2,500
$2,500
$2,500
$2,500
$0
$0
$0
$0
$0
 

Taxable Income:
$47,500
$72,500
$97,500
$122,500
$147,500
$50,000
$75,000
$100,000
$125,000
$150,000
 
Estimated Federal Withholding:
$8,062
$14,312
$21,020
$28,020
$35,020
$8,688
$14,938
$21,720
$28,720
$35,720
Estimated FICA:
$3,633
$5,546
$7,458
$9,371
$11,283
$3,825
$5,737
$7,650
$9,562
$11,475
Health Care Expenses:
$0
$0
$0
$0
$0
$2,500
$2,500
$2,500
$2,500
$2,500
 

Net Pay:
$35,805
$52,642
$69,022
$85,109
$101,197
$34,987
$51,825
$68,130
$84,218
$100,305
Estimated Tax Savings
$818*
$817*
$892*
$891*
$892*
when you use your Flex account for LASIK:
* The above information are only estimates of tax information and should not be assumed to be tax advice. Only a certified tax advisor can determine the appropriate tax advice for your situation.

Using your Flex Spending Account with 20/20 Institute
Flex Spending Accounts are use it or lose it. 20/20 Institute recommends scheduling a LASIK consultation before electing to use your Flex Spending Account for LASIK. After we have determined your candidacy, your employers benefits representative can provide you with the information needed to make your elections.

Schedule your Flex Spending
LASIK Consultation Now

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Have Questions about Flex Spending Accounts?
Call us today 317-202-0669

** Please confirm with the benefits manager at your place of employment to ensure all rules and eligibility for your particular situation.
lasik surgeon William Zeh, M.D.

Meet Our Doctors

William Zeh, M.D.

Dr. Zeh is a Board-Certified Ophthalmologist and is fellowship-trained in corneal and refractive surgery.

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lasik surgeon Clark Springs, M.D.

Meet Our Doctors

Clark Springs, M.D.

Dr. Springs is a board-certified ophthalmologist and is fellowship-trained in corneal and refractive surgery.

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