Abstract: Folding eyeglasses with a multifunction carrying case are disclosed. The folding eyeglasses may be any type of glasses such as reading glasses, sun glasses, and/or prescription glasses. Preferably, the glasses fold at the bridge of the nose and on each temple. Once folded, the glasses may be placed inside the multifunction carrying case. The carrying case includes a retractable pen and/or a light. The pen may be exposed and/or retracted in any suitable manner. For example, the pen may be spring-loaded and a button may be pushed to expose the pen. In such an instance, the pen may be retracted by pushing it back into the carrying case, thereby resetting the spring. The light may use any suitable light source. For example, the light may use one or more white and/or colored light emitting diodes.