If you have both an HSA and an FSA — and you want
to make tax-advantaged contributions to your HSA —
your FSA must be converted to a “limited” health care
FSA, one that reimburses only eligible dental, vision and
preventive care expenses not covered by the medical
plan. (In other words, a “limited” health care FSA
cannot be used to pay for nonpreventive medical
care and services.)
KHP - So any medical preventive care. Not so clear about dental and vision although preventive dental and vision care are good bets for being covered by the limited FSA.
Reading a bit from IRS Publication 969, one can only contribute up to the annual health plan deductible but not more than $5450 (Benefits Update says $5650). My deductible seems to be $2200. So, I can only increase potentially from $1650 to $2200.
More from 969:
Other Health Coverage
You can also have coverage (whether provided through
insurance or otherwise) for the following items.
- Accidents
- Disability
- Dental Care
- Vision Care
- Long Term Care
No comments:
Post a Comment