Use up your flexible spending account (FSA) contributions.

If you put salary into your employer’s flexible spending account for medical or dependent care, spend whatever is left in the account before it’s too late (check with human resources to learn the closing date for last year’s FSA). You usually have until March 15 to use up last year’s contributions. Anything left in the account after this date is forfeited. Best strategy: Make discretionary purchases that qualify for reimbursement under the FSA, such as stocking up on over-the-counter medications for a health FSA.