Personal Finance (Not Investing) • Limited use FSA + HSA and spouse non-HSA account

Current scenario:
- I'm enrolled with our children in my company's HDHP and make the maximum yearly contribution to my HSA from my paycheck.*
- Wife is enrolled with our children in a non-HDHP health plan through her employer
- The entire family is enrolled in my company's dental plan
- It's open enrollment time for me and I can open up a limited use FSA for dental (and vision expenses). My wife has some upcoming dental expenses for next year.
* Probably isn't relevant, but wanted to state it for completeness: Our children are enrolled in my HDHP to get the higher contribution limit for my HSA; we just use my wife's plan for their healthcare needs

This is my understanding:

1. I can open up a limited use FSA and submit claims for dental expenses that my wife incurs even though she is not on my health care plan.
2. My wife's open enrollment is mid next year. She cannot open up a regular FSA for herself since a regular FSA allows medical expenses for a spouse to be claimed but since I have a HDHP, I'm not allowed to have access to a FSA therefore she is ineligible to open one?

Thanks.

Statistics: Posted by NorCalHiker — Tue Oct 29, 2024 11:46 pm — Replies 1 — Views 75

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