Can You Defer $2,600 in Limited Purpose FSA and HSA?

Yes, you can defer $2,600 in a Limited Purpose FSA and HSA. A Limited Purpose FSA covers only certain eligible expenses such as dental and vision care, while an HSA is a tax-advantaged savings account for medical expenses. When using both accounts together, it's important to know the limits and rules to maximize benefits.

Yes, you absolutely can defer $2,600 in a Limited Purpose FSA and HSA. It's crucial to understand the distinct roles of each account to utilize their advantages effectively. A Limited Purpose FSA is specifically designed to cover eligible expenses like dental and vision care, while the HSA is a robust tax-advantaged savings option for broader medical expenses. Combining both can optimize your healthcare savings.