Millions of Americans lose their FSA dollars every year — yours don't have to be among them
LifQ tracks your HSA and FSA balances, identifies eligible expenses, and reminds you before the use-it-or-lose-it deadline so every tax-free dollar gets used.
The IRS estimates $3 billion in FSA dollars is forfeited every year
Health Savings Accounts and Flexible Spending Accounts exist to help you pay for healthcare with tax-free dollars. But most people don't track their balance, don't know what's eligible, and don't realize the deadline until it's too late.
FSA funds expire and most people don't plan for it
FSA funds are generally use-it-or-lose-it by December 31st. Many people discover a balance in late December and scramble — or miss the deadline entirely.
You don't know what's HSA/FSA eligible
The eligible expense list is broader than most people know — prescriptions, dental, vision, mental health, even some OTC products. Most people leave eligible expenses unsubmitted.
HSA investment potential goes untapped
HSAs can be invested like a 401(k) — growing tax-free for retirement healthcare expenses. Most people treat them as checking accounts and miss decades of compound growth.
Balances are invisible at point of care
You're at the pharmacy, not sure if your prescription is covered by FSA or how much is left. Without visibility, you use a regular credit card instead.
How LifQ helps you maximize every tax-free dollar
Connect your HSA/FSA information
Add your account details and annual contribution amount. LifQ tracks your balance and models your spending rate.
AI identifies eligible expenses you're missing
LifQ scans your healthcare spending patterns and flags expenses you paid out-of-pocket that were HSA/FSA eligible.
Get deadline reminders and spend-down guidance
LifQ reminds you of upcoming deadlines and suggests eligible expenses to use remaining balances — avoiding forfeiture.
What you get with LifQ
Stop forfeiting FSA dollars
Reminders and spend-down guidance before the December 31st deadline.
Full eligible expense list
Discover all the expenses you can pay tax-free — the list is longer than you think.
HSA investment guidance
Understand the long-term value of investing your HSA instead of spending it down — with projections.
Balance visibility when you need it
Know your current balance and remaining eligibility period at a glance.
See it in action
It's November 15th. You have $840 remaining in your FSA with six weeks until the December 31st deadline. You've been thinking of scheduling a dentist appointment and your spouse needs new glasses.
LifQ shows your balance, calculates that the dentist appointment ($280) and glasses ($320) would use $600, and suggests scheduling a vision exam ($200) to use the rest — all before the deadline. Zero dollars forfeited.
Frequently asked questions
What's the difference between an HSA and FSA?
An HSA (Health Savings Account) is available with high-deductible health plans, rolls over year to year, and can be invested. An FSA (Flexible Spending Account) is available with most health plans, has use-it-or-lose-it rules, and cannot be invested. LifQ tracks both and explains how to optimize each.
Can LifQ help me decide how much to contribute?
Yes. LifQ analyzes your household's typical healthcare spending and helps you determine the optimal annual contribution to avoid both over-contributing (losing money) and under-contributing (missing tax savings).
What counts as an eligible HSA/FSA expense?
Medical, dental, and vision expenses are the most common categories. But the list also includes mental health services, certain OTC medications, medical equipment, and in some cases fertility treatments. LifQ maintains an up-to-date list of eligible expenses.
Can both spouses have separate FSA accounts?
Yes. If both spouses have access to FSAs through their employers, each can contribute up to the annual limit independently. LifQ can track both accounts together so your household has a unified view of total tax-free healthcare dollars available.
Never forfeit another healthcare dollar
Join LifQ and start maximizing your HSA and FSA contributions today.
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