A bipartisan bill, the Dietary Supplements Access Act (HR 4794) was introduced in July 2023 in the United States House of Representatives by Representative Darrin LaHood (R-IL), and co-sponsored by Representatives Brendan Boyle (D-PA), John Curtis (R-UT), and Josh Gottheimer (D-NJ). The bill, if made law, would make vitamins and other dietary supplement products FSA and HSA eligible. For the millions of Americans who rely on these products to manage their health, this is a step in the right direction.

If you're confused and overwhelmed by your benefit options, you're not alone. When open enrollment approaches, you may find yourself asking: Am I taking advantage of all the benefit options available to me? I keep hearing about tax-advantaged benefit accounts, what are they? How can these benefit accounts help me? Don’t worry, we’re here to help. Let’s start with the basics.

When it comes to health insurance, there are different plans designed to meet different needs. The specific options available to you depend on your employer and your personal situation. Listed below are the five most common health plans and some basic information about each.