Limited Purpose Flexible Spending Account

(with grace period)

Save up to $500* on taxes when you elect LPFSA 

Save more for dental and vision expenses

An LPFSA lets you use tax-free money to pay for eligible dental and vision expenses.** Members can save hundreds for products and services they use everyday. Don’t think of it as money deducted from your paycheck—think of it as money added to your wallet.


Fast, hassle-free payments and reimbursement

Hang bag with money

Enjoy an extra grace period at the end of the plan year to spend remaining account funds^

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Access annual contribution amount on day one

Maximize your tax savings

When you use your tax-advantaged LPFSA, you get $10 in tax savings for every $50 you contribute.^^

2024 IRS contribution limits


Pay for thousands of eligible dental and vision expenses

Here are a few common ways to spend your LPFSA.


Eye drops

Eye drops 

Eye exam

Eye exams




Lasik surgery 

Chiropractic care

Dental and vision operations

Prescription sunglasses

Prescription sunglasses

Cold and cough

OTC dental and teething pain products

LPFSA resources  

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Easily find answers to common questions about your benefits.   

HSA guide

Plan your spending, know the rules and unlock amazing tax savings.


Not sure if an FSA is right for you?
Explore our on-demand FSA webinars.  

HealthEquity does not provide legal, tax or financial advice. Always consult a professional when making life-changing decisions.

*Estimated tax savings are based on a $2,500 contribution and a 20% effective tax rate, including applicable state and federal income taxes. Actual tax savings will vary based on your specific tax situation.

**LPFSAs are never taxed at a federal income tax level when used appropriately for qualified medical expenses. Also, most states recognize LPFSA funds as tax deductible with very few exceptions. Please consult a tax advisor regarding your state’s specific rules.

^See your plan documents for complete details.

^^Chart for illustration purposes only. Actual savings will vary based on your unique tax situation. 

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