Limited Expense Health Care Flexible Spending Account
GPTKB entity
Statements (17)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:Health_Care_Flexible_Spending_Account
|
gptkbp:abbreviation |
Limited Purpose FSA
|
gptkbp:advantage |
Reduces taxable income
|
gptkbp:annualContributionLimit |
Set by IRS
|
gptkbp:contribution |
Pre-tax
|
gptkbp:coveredExpenses |
Dental care
Vision care |
gptkbp:eligibility |
Individuals enrolled in a Health Savings Account (HSA)
|
gptkbp:employerSponsored |
Yes
|
https://www.w3.org/2000/01/rdf-schema#label |
Limited Expense Health Care Flexible Spending Account
|
gptkbp:IRSCodeSection |
Section 125
|
gptkbp:notCoveredExpenses |
General medical expenses
|
gptkbp:purpose |
Reimbursement of eligible dental and vision expenses
|
gptkbp:rolloverOption |
May be available, subject to employer plan
|
gptkbp:useItOrLoseItRule |
Yes
|
gptkbp:bfsParent |
gptkb:Federal_Flexible_Spending_Account_Program
|
gptkbp:bfsLayer |
7
|