If you are enrolled in the HSA Open Access Plan and an HSA, you are not able to enroll in a traditional Health Care FSA. (You can only get tax savings on health-related expenses through one account.) But, you can enroll in a Limited Purpose FSA. It works similarly to a regular Health Care FSA—you contribute money before taxes and use that money to reimburse yourself for eligible expenses—but it can only be used for eligible dental and vision expenses.
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Contribution limits
A Health Care FSA allows you to save money on a before-tax basis for eligible health care expenses.
2026 limits: $3,400/year maximum
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Claim deadline
Use funds from January 1 through March 15 of the following year. File claims by April 30.
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“Use it or lose it” rule apply?
If you don’t use the money in your Health Care FSA by the end of the plan year, you will lose it. Estimate your expenses carefully.
Yes.
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Unused funds carry over?
Some plans allow you to carry over up to $500 to use the following year. Unused funds over $500 are forfeited. If your plan does not allow the $500 carryover, all remaining dollars after the claim deadline will be forfeited.
No.
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What expenses are eligible?
Eligible expenses generally include medical, prescription drug, dental, and vision deductibles, copays, and coinsurance. See IRS Publication 502 for full details.
Eligible dental and vision expenses only
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