Limited Purpose FSA

What is a Limited Purpose FSA?

A Limited Purpose Flexible Spending Account (LFSA) is a personal expense account that allows employees to pay for eligible Dental and Vision expenses.

LFSAs are distinct because an employee can have both an LFSA and Health Savings Account (HSA) at the same time. This allows employees to grow their HSA funds while using their LFSA to pay for dental and vision needs.

As with FSAs and DFSAs, LFSAs allow employees to set aside a portion of their pre-tax income to pay for qualified expenses.

Employers: Why Offer an LFSA?

Payroll Tax Savings

Employee Satisfaction

Compliance Support

Convenient, flexible platform with with advanced reporting. Create a compliant plan and engagement strategy tailored for your needs.

Help your employees pay various dental and vision expenses while educating them on how to value and use their benefits year-round.

Reduce payroll taxes and reallocate those dollars to a benefit that improves your employees' lives.

Employees: Why Enroll in an LFSA?

Reduce Taxable Income

Save on Eligible Purchases

Easily Spend & Manage Funds

With the ZyneraHealth virtual wallet and debit Mastercard®, employees can use their account to make eligible purchases online and at locations that accept Mastercard®.

Use pre-tax dollars to save on qualifying expenses such as vision appointments, LASIK, contact lenses and solution, glasses, teeth cleaning, dentures, and dental and vision copays.

Use the deduction! Every dollar an employee contributes to a LFSA lowers their taxable income.