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FSA Store® releases list of Top FSA Purchases for 2024; reminds consumers to heed the December 31 use-it-or-lose-it deadline for flexible spending accounts (FSAs)

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FSA Store data shows nearly 70% of account holders have a December 31 deadline, while industry data estimates FSA users collectively forfeit $3 billion in unused funds each year

DALLAS, Nov. 4, 2024 /PRNewswire-PRWeb/ — More than 35 million Americans are enrolled in flexible spending accounts (FSAs) to protect their health and finances, and roughly half of these individuals will forfeit funds because they did not spend down their account balance by the December 31st use-it-or-lose-it deadline. FSA Store®, the first and leading online store dedicated exclusively to selling FSA-eligible products and services, is working to change this trend by educating consumers about the FSA deadline and sharing its annual list of Top 10 FSA purchases and FSA deadline reminders.

At FSA Store, all we sell is FSA-eligible products and telehealth services, so there’s never any guesswork. Plus, our searchable eligibility list and FSA deadline spending tools provide the education and inspiration consumers need to spend their funds in meaningful ways.

The December 31 use-it-or-lose-it deadline is the date by which the majority of FSA users must spend remaining funds to avoid forfeiture (the loss of unused funds). Proprietary data from FSA Store indicates that nearly 70% of account holders have a December 31 deadline. Meanwhile, industry estimates show that FSA users forfeit an average of $3 billion each year by missing this deadline.

“As consumers continue to grapple with financial stress and recession fears, tools like FSAs can play a critical role in protecting their health and financial wellbeing, and when it comes to FSAs, that means avoiding forfeiture,” said Rachel Rouleau, chief compliance officer for Health-E Commerce®, the parent brand to FSA Store. “At FSA Store, all we sell is FSA-eligible products and telehealth services, so there’s never any guesswork. Plus, our searchable eligibility list and FSA deadline spending tools provide the education and inspiration consumers need to spend their funds in meaningful ways.”

To help account holders achieve this goal, FSA Store offers a Deadline Spending Guide and interactive deadline spending tool, a searchable eligibility list, product bundles, the ability to shop by price to align with their remaining funds, and much more. Consumers are encouraged to consider FSA Store’s list of most frequently purchased products so far this year.

Popular 2024 FSA Purchases
1. Wave Full Body Circulation Plate — Caring Mill™ by Aura. Featuring a combination of customizable vibration settings and an ergonomic design. This device enhances lymphatic drainage and alleviates joint and back pain with ease.
2. Full Body Analysis Scale — Caring Mill™ by Aura Keep track of essential body measurements like BMI, bone mass, basal metabolic rate and more. This scale was engineered with precision in mind to deliver accurate results fast and can be connected to most smartphones.
3. Ease Migraine and Eye Reliever with Compression and Heat — Caring Mill™ by Aura. Built to directly target pressure points, find relief from headaches, eye pain and tension, with intelligent heat technology.
4. Revive Heated Massage Gun — Caring Mill™ by Aura. This state-of-the-art pain relief device utilizes heat precision to directly bring relief to deep pressure points in muscle tissue.
5. reVive Light Therapy Lux Collection dpl® IIa Skin Treatment Panel. Experience medical grade LED therapy and skin treatment. This panel uses blue light technology to destroy skin bacteria with additional infrared support for quick healing and recovery.
6. Caring Mill™ by Aura Sleek Callus, Corn and Ingrown Toe Nail Remover. Treat Ingrown toenails, calluses, and corns and achieve flawless results in the comfort of your own home.
7. Revive Ultra Massage Gun from Caring Mill™ by Aura. This advanced handheld device is designed to provide a rejuvenating experience, with adjustable intensity levels and interchangeable heads. Customizable for individual experiences to target specific muscle groups and alleviate tension.
8. Supergoop! Unseen Sunscreen. Broad spectrum sun protection products with an SPF of 15 or more are FSA eligible. This includes hot brands like Supergoop!, so be prepared for sunny winter days, that warm weather vacation or a day on the slopes.
9. Sharper Image® Calming Heat XXL-Wide Massaging Weighted Heating Pad. Treat muscle aches and pain with soothing heat therapy of a heating pad, plus the added benefit of a weighted blanket.
10. Zyrtec Indoor & Outdoor Allergy Relief Tablets. Get 24-hour relief from indoor and outdoor allergies caused by dust, mold, pollen and more.

Deadline Reminders. In addition to understanding how FSA funds can be used, consumers should understand and remember these deadline facts in the coming weeks:

While December 31 is the most common spending deadline for FSAs, this deadline can vary based on an organization’s plan year. Account holders should log in to their FSA portal, if available, to verify their deadline, or check with their employer or FSA administrator.An employer may offer an FSA deadline extension, such as a partial rollover of unused funds; a grace period (2.5 months after your plan year end date; typically March 15); and/or a run-out period. These extensions are completely optional. Check on your FSA portal or with your employer, your benefits team, or FSA administrator to confirm availability of these options.

To help account holders avoid potential FSA forfeitures, FSA Store offers FSA deadline education, eligibility information, and 24/7/365 FSA-trained customer service support.

About Health-E Commerce
Health-E Commerce is the parent brand to FSA Store and HSA Store, online stores that serve the 70+ million consumers enrolled in pre-tax health and wellness accounts. The company also created Caring Mill™, a popular private-label line of health products through which a portion of every purchase is donated to the Children’s Health Fund. Since 2010, the Health-E Commerce brands have led the direct-to-consumer e-commerce market for exclusively pre-tax health and wellness benefits. Health-E Commerce plays an essential role in expanding product eligibility for important new categories within the list of eligible medical expenses.

Media Contact

Barbara Tabor, FSA Store, 651-230-9192, barbara@taborpr.com, https://fsastore.com

View original content to download multimedia:https://www.prweb.com/releases/fsa-store-releases-list-of-top-fsa-purchases-for-2024-reminds-consumers-to-heed-the-december-31-use-it-or-lose-it-deadline-for-flexible-spending-accounts-fsas-302295430.html

SOURCE FSA Store

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Siemon Introduces Bundled Fiber Trunks for Faster, More Efficient Network Deployments

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The Siemon Company, a global leader in network infrastructure solutions, is proud to announce the launch of its new Bundled Fiber Trunks. Designed to streamline fiber optic network installations and reduce deployment time, Siemon Bundled Fiber Trunks offer a cost-effective and reliable option for a variety of projects.

WATERTOWN, Conn., Nov. 23, 2024 /PRNewswire-PRWeb/ — The Siemon Company, a global leader in network infrastructure solutions, is proud to announce the launch of its new Bundled Fiber Trunks. Designed to streamline fiber optic network installations and reduce deployment time, Siemon Bundled Fiber Trunks offer a cost-effective and reliable option for a variety of projects.

Siemon Bundled Fiber Trunks are a game-changer for network installations. By simplifying the process and reducing installation time, we’re empowering our customers to achieve their project goals more efficiently and effectively.

Siemon Bundled Fiber Trunks combine high-performance fiber cables into a single, easy-to-manage bundle, optimizing pathway fill and significantly accelerating installation. With up to a 50% faster deployment rate, this innovative solution helps businesses and organizations reduce project costs and time-to-market.

“Siemon Bundled Fiber Trunks are a game-changer for network installations,” said Tony Walker, Siemon Fiber Product Marketing Manager. “By simplifying the process and reducing installation time, we’re empowering our customers to achieve their project goals more efficiently and effectively.”

Key features of Siemon Bundled Fiber Trunks include:

Streamlined installation: Reduced pathway fill and faster deploymentExceptional performance: Equivalent to single-jacket fiberDurability: Robust construction for reliable performanceVersatility: Available in a wide range of configurations

For more information about Siemon Bundled Fiber Trunks and other Siemon products, please visit www.siemon.com.

About Siemon

Established in 1903, Siemon is an industry leader specializing in the design and manufacture of high-quality, high-performance IT infrastructure solutions and services for Data Centers, LANs, and Intelligent Buildings. Headquartered in Connecticut, USA, with global sales, technical, and logistics expertise spanning 150 countries, Siemon offers the most comprehensive suites of copper and optical fiber cabling systems, racks, cable management, and Intelligent Infrastructure Management solutions. With more than 400 patents specific to structured cabling, Siemon Labs invests heavily in R&D and the development of Industry Standards, underlining the company’s long-standing commitment to its customers and the industry. Through an ongoing commitment to waste and energy reduction, Siemon’s environmental sustainability benchmarks are unparalleled in the industry.

Contact Information

Brian Baum

brian_baum@siemon.com

Media Contact

Brian Baum, Siemon, 1 8609454200, brian_baum@siemon.com

View original content:https://www.prweb.com/releases/siemon-introduces-bundled-fiber-trunks-for-faster-more-efficient-network-deployments-302313831.html

SOURCE Siemon

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Oberon Securities Advises Keens Steakhouse in Sale Transaction

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Oberon Securities acted as exclusive advisor to Keens Steakhouse in the sale transaction.

NEW YORK, Nov. 23, 2024 /PRNewswire-PRWeb/ — Oberon Securities, a New York-based middle market investment banking firm, acted as exclusive advisor to Keens Steakhouse in the sale transaction announced yesterday.

With more than 70 senior bankers serving businesses across the country and around the world, Oberon is one of the fastest growing New York City based middle-market investment banking firms. Its clients benefit from the market credibility associated with the firm’s longstanding relationships with many of the nation’s largest and most prestigious institutional investors. Oberon’s approach has generated numerous long-term, multi-transaction client engagements and attracted investment bankers who have spent their careers working with middle-market companies.

Media Contact

Steven Alschuler, Oberon Securities, 1 917-647-2151, steve@alschulerpr.com, https://oberonsecurities.com/

View original content to download multimedia:https://www.prweb.com/releases/oberon-securities-advises-keens-steakhouse-in-sale-transaction-302314708.html

SOURCE Oberon Securities; Oberon Securities

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Specified Technologies Inc. Unveils Firestop Clash Management and Locator Updates

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SOMERVILLE, N.J., Nov. 23, 2024 /PRNewswire/ — Specified Technologies Inc. has announced their latest Firestop Clash Management (FCM) and Firestop Locator (FSL) releases. FCM automates the process of locating and assigning firestop solutions to conditions within Autodesk® Revit®, enabling firestop novices to find firestop solutions like a firestop expert. In this latest release, STI has further expanded the capabilities of FCM by integrating it with their firestop documentation and compliance tool, Firestop Locator (FSL). FSL enables contractors and facilities’ teams to document the status, location, and products used for any and all fire life safety services across a building.

In the latest update for FSL, teams can now create custom items to track any service on their project beyond the base six (Penetration, Joint, Extinguisher, Door, Damper, and Barrier). Teams can also modify the base six items to include project specific inspection and maintenance requirements and any other details that they would like to be tracked.

With this new integration, decisions made during the design phase of a building using FCM are seamlessly passed into FSL during the construction phase, giving implementation teams a jump start on work to be done. This integration also improves data integrity and eliminates the guesswork in the field of determining what firestop systems and products are to be used where.

“We’re proud of the latest releases of FCM and FSL and look forward to continuing to support the fire life safety community,” says Justin Pine, Sr. Manager of Software & Services.

Specified Technologies Inc. promotes life and building safety by developing innovative fire protection systems and accompanying digital tools that help stop the spread of fire, smoke, and hot gases. Our SpecSeal® and EZ Path® product lines are engineered for easy installation and deliver powerful performance, often resulting in lower installed costs. Since firestopping is our only business, we concentrate all our resources on providing the highest quality, fully tested, innovative firestopping solutions.

Contact: Jess Bern; jbern@stifirestop.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/specified-technologies-inc-unveils-firestop-clash-management-and-locator-updates-302314629.html

SOURCE Specified Technologies, Inc.

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