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