Your Money: Tax breaks on red light masks and hot dogs
It probably never occurred to you that you could buy organic meat or a $9,000 sauna with a tax-favored account.
Your Money
July 21, 2025

Hi everyone —

I’ve spent the last several weeks working with my colleague Ben Mueller on an article about a company called Truemed. The 3-year-old start-up helps people use their flexible spending and health savings accounts to buy things that they otherwise couldn’t without a note from a medical professional.

For instance, it probably never occurred to you that you could buy organic meat or a $9,000 sauna with these tax-favored accounts. But you can, according to Truemed, just as long as the medical professionals the company partners with say that you need the meat to lose weight or the sauna to treat some other medical condition.

The I.R.S. has issued an alert about this sort of thing, but it doesn’t seem to have gone any further. You know who could put a stop to it, though, if they thought it was a problem? The administrators who run flexible spending accounts for companies.

So here’s an ask: If any of you have had notes from Truemed (or any other company, or any medical professional) rejected by your employer’s flexible spending account administrator, will you please let us know?

You can reach us at yourmoney_newsletter@nytimes.com.

Have a good week.

An illustration of a person in a cap and gown holding a diploma and falling through a ripped net.

Student Loan Repayments Are About to Look Very Different

By next summer, new borrowers will have just two repayment options, streamlining the previous menu to pay off higher-education debt. Here’s what to know.

By Tara Siegel Bernard

Rebecca Danigelis sits with her legs crossed on the front steps of a rowhouse.  Sian-Pierre Regis and Sam Moll stand on either side of her.

retiring

5 Years Ago, They Reversed Roles With Their Parents. Where Are They Now?

Most young adults don’t expect to support their aging parents. Here’s what happened when four people had to.

By Charlotte Cowles

In an illustration, a house sits at the far end of a winding coastal path. Two circular credit meters appear on the watery horizon on either side of the house.

your money adviser

Mortgage Lenders Can Use a Second Credit Score. Is That Good for Borrowers?

A top housing finance regulator announced that Fannie Mae and Freddie Mac would allow lenders to use the traditional FICO score or one from a rival, VantageScore.

By Ann Carrns

An illustration of a snow globe that's been shaken with images of various tariff levels, a dollar sign and a bond certificate inside.

Strategies

Is the U.S. Riskier Than Emerging Markets?

While the U.S. stock market has rebounded, the combination of the Trump tariffs, a volatile dollar and an erratic bond market has begun to shake global investment thinking.

By Jeff Sommer

Small white pills inside orange bottles that are sitting on a pharmacy shelf.

Health Insurers Are Denying More Drug Claims, Data Shows

Offering a rare glimpse inside the hidden world of rejected insurance claims, new data shows a steady uptick among major private insurers.

By Sarah Kliff

Trump’s Immigration Crackdown Hits Senior Care Work Force

Nursing homes and home care agencies have lost workers as the Trump administration has moved to end deportation protections for migrants with temporary legal status.

By Madeleine Ngo

An illustration of a woman with a flowery rolling suitcase punching buttons on a red-and-orange terminal at an airport, while a blue-tinged man pulls a Citi card out of her purse and peers over her shoulder. Dollar bills are flying out of his other hand.

Tripped Up

Help! A Pickpocket Used My A.T.M. Card, and Citi Won’t Cover It.

A thief swiped a traveler’s wallet at the Barcelona airport and later used her card to take out more than $1,100 in cash. Why was her fraud claim denied?

By Seth Kugel

A hospital room shows an empty gurney with medical equipment nearby.

Judge Scraps Rule Eliminating Medical Debt on Credit Reports

The Trump administration joined with trade groups to ask a court to overturn a Biden-era rule that aimed to limit the impact of unpaid medical bills on consumers’ credit history.

By Stacy Cowley

The Economy Seems Healthy. Were the Warnings About Tariffs Overblown?

Economists say it will take time for the effects of trade policies to show up in economic data — but acknowledge they aren’t sure how long.

By Ben Casselman

A physical therapist hands a medicine ball to a patient in a therapy gym.

How to Find the Right Medical Rehab Services

Specialized hospitals, nursing homes, clinics and home health agencies provide rehab therapy. Insurers may limit the services you can get.

By Jordan Rau

An illustration shows a man sitting in a cramped airline seat, focusing only on his legs, feet and hands as he slides a small bag beneath the seat in front of him.

Travel 101

Traveling Ultralight: How to Pack a Personal Item

As more airlines charge for traditional carry-on bags, those who don’t want to pay need to fit everything into a tote, small duffel bag, daypack or roomy purse. Here’s how.

By Elaine Glusac

Guests sit around a bar with a gleaming light illuminating the area.

For the Privileged Few, Airport Food Hits a New Height of Luxury

In pursuit of well-heeled fliers, airlines and credit card companies are stocking their elite lounges with caviar, sushi bars and big-name chefs.

By Priya Krishna

Looking for a Summer Ski Fix? Head to South America.

In Chile and Argentina, dramatic slopes, lots of snow and an unusual après ski scene await.

By Cindy Hirschfeld

How are we doing?
We’d love your feedback on this newsletter. Please email thoughts and suggestions to yourmoney_newsletter@nytimes.com.

Like this email?
Forward it to your friends, and let them know they can sign up Your Money.

If you received this newsletter from someone else, subscribe here.

Need help? Review our newsletter help page or contact us for assistance.

You received this email because you signed up for Your Money from The New York Times.

To stop receiving Your Money, unsubscribe. To opt out of other promotional emails from The Times, including those regarding The Athletic, manage your email settings.

Subscribe to The Times

Connect with us on:

facebook