Limited Purpose Flexible Spending Accounts (LPFSA) are tax-advantaged accounts that let you, your spouse, and eligible dependents use pre-tax money to pay for eligible dental and vision expenses. You can pair an LPFSA with a Health Savings Account to take your health savings even further.
Although it’s called a “Limited Purpose” Flexible Spending Account, there are plenty of ways to use your LPFSA on eligible dental and vision expenses.
Here are 10 of our favorites.
You can always view the latest IRS contribution limits at this page.
#1 Dental cleaning
Every year you’ve got to pay to keep your mouth in tip top shape. Use your LPFSA to pay for routine annual dental cleaning.
#2 Eye exam
If you didn’t finish all your carrots when you were a kid, you might be making extra visits to the eye doctor this year.
Use your LPFSA and save some money.
#3 Eyeglasses and contact lenses
The eye doctor might prescribe eyeglasses or contact lenses. If so, your LPFSA will be there for you!
#4 Braces or Invisalign
Whether for you or your kids, your LPFSA can help you save on orthodontia.
#5 Lasik eye procedure
Near-sighted, far-sighted or astigmatism, LASIK might be for you.
Sometimes prosthetics are better than the real thing!
#7 Over-the-counter Eyedrops
If you suffer from dry eyes, your LPFSA can cover eyedrops over the counter (OTC). No prescription necessary!
#8 Occlusal mouth guards
Teeth grinders of the world unite! Your LPFSA can finally bring some relief.
#9 Oral pain reliever
Got a toothache? Use your LPFSA to buy some OTC oral pain reliever.
#10 Eye patch
For a variety of reasons, folks need to cover an eye. Use your LPFSA to cover that eye patch.
Have questions? Visit our Help Center.