Benefits
An LPFSA allows you to continue to contribute to a Health Savings Account (HSA) while also contributing to an LPFSA for vision and dental expenses. This additional pre-tax deduction helps you maximize your tax savings beyond your HSA alone.

Eligible Dental Expense Examples

• Cleaning
• Fillings
• Crowns
• Braces

Eligible Vision Expense Examples

• Contact lenses
• Eyeglasses
• Eye exams
• Vision correction procedures

Contact your employer for a detailed list of qualified medical expenses.

Contributions
Your employer determines the amount you may elect to contribute to your LPFSA, up to the IRS maximum of $3,200 for 2024. Your contribution is deducted from your paycheck by your employer throughout the year on a pre-tax basis and is deposited to your LPFSA. Your employer may also contribute to your LPFSA.

Adjusting Contributions
Under IRS rules, elections can only be changed mid-year if you experience a change in status such as marriage, divorce, birth, or death. Check your employer's plan for more detail.

Payment Options
You are able to pay directly from your account using a benefits debit card. It can be used anywhere debit cards are accepted. You may also use online bill payment to pay for expenses or to submit a claim to reimburse yourself for a qualified out-of-pocket medical expense. If you pay for medical expenses out of pocket, you'll need to file an LPFSA reimbursement claim.

Funds Availability
With an LPFSA, your entire annual election amount is available on the first day of the plan year even though you have not yet contributed that amount.

Claim Submission Deadlines
You can submit claims for reimbursement at any time during the plan year that you incur the expense. There is typically a period following the end of the plan year that allows for the submission of expenses incurred during the plan year. Check with your employer to determine claim submission deadlines.