Cut infertility Treatment Prices

Fertility treatment costs can seem daunting, especially if your employer does not provide infertility insurance coverage - as many do not. 

Let IRS Cut Infertility Treatment Rates

Your infertility treatment costs are tax deductible.  You can discount infertility treatment prices by offsetting tax savings.  You have two options, but one is clearly superior:

Take an itemized medical deduction on your IRS Schedule A.  Beware - the first 7.5% of your adjusted gross income will be subtracted from the total of your total infertility treatment costs to determine your amount of tax savings. 

For example, if your adjusted gross income is $100,000 this means no tax savings on the first $7,500 of fertility treatment costs. 

A Healthcare Flexible Spending Account (FSA) allows you to realize tax savings on your very first dollar of infertility treatment costs, plus you may also reduce the amount of State, and FICA taxes you pay. 

An FSA may cut costs by 1/3 or more for infertility treatments such as: IVF, IUI, ICSI, artificial insemination, and a variety of fertility drugs.  For example: a couple in the 25% federal income tax bracket paying FICA taxes of 7.65% saves 32.65% on their infertility treatment costs.

In addition, you may get an interest free loan!