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LPFSA Guide

Save more on dental and vision expenses

An LPFSA empowers you to maximize tax savings for dental and vision expenses. Plan your spending, know the rules and unlock amazing tax savings.

What is a Limited Purpose Flexible Spending Account

Expect Remarkable

A Limited Purpose FSA (LPFSA) works like a standard FSA but is restricted to dental and vision expenses. It pairs perfectly with an HSA — preserving your HSA for medical expenses while your LPFSA covers dental and vision.

How do I sign up?

Enroll during open enrollment. Only available if you are also enrolled in an HSA-compatible health plan.

Plan your spending

Pay for dental, vision and more

Cover eye exams, glasses, contacts, dental cleanings, fillings, orthodontia, and other eligible expenses.

Complement your HSA

Pair your LPFSA with your HSA to maximize tax savings. Use LPFSA for dental/vision so your HSA grows for medical and retirement.

Your savings can add up fast

$570

average annual tax savings for LPFSA account holders

LPFSA Annual Contribution Limit
YearLimit
2025$3,300

Make your elections

Estimate your dental and vision costs for the year and elect that amount during open enrollment.

Know the rules

Timing matters

Expenses must be incurred during the plan year.

Limited election period

Changes only allowed during open enrollment or a qualifying life event.

No double-dipping

Cannot claim the same expense against both LPFSA and another tax benefit.

We make it easy to get reimbursed:

  • Pay directly with your HealthEquity debit card
  • Submit claims online or via the mobile app
  • Upload receipts for fast reimbursement

LPFSA webinar

Play

Watch our LPFSA on-demand webinar.

Explore other FSA types

1The example used is for illustrative purposes only; actual savings may vary. The figure is based on average tax rates, including state, federal and FICA taxes.

2Accounts must be activated via the HealthEquity website in order to use the mobile app.

3Plans vary by employer. Please review your plan documents carefully or consult your employer for information about your company's benefits.

4Please refer to your plan documents for more information.

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