Q: What documentation is required to substantiate an over-the-counter (OTC) item under a Health FSA?
A: An eligible receipt must include the merchant or provider name, the date of purchase, a description of the item purchased, and the amount paid. The description must clearly identify the product so it can be verified as an eligible medical expense. Credit card slips alone are not sufficient because they do not provide itemized detail.
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This article is for informational purposes only and is not intended as legal, tax, or benefits advice. Readers should not rely on this information for taking (or not taking) any action relating to employment, compliance, or benefits. Always consult with a qualified professional before making decisions based on this content.
