Can I have an HSA & FSA?

 

  • It depends.

    • You can have both an HSA and an FSA if you participate in a "limited purpose" FSA that restricts reimbursements to certain permitted benefits such as vision, dental, or preventive care benefits. The state cafeteria plan and MOST school districts are offering that option.

    • Also note that you cannot be covered by your
      spouse's insurance.
State of Arkansas’s Health Savings AccountWhat is an HSA?Why would I want an HSA?What are the Benefits of an HSA?What are the Risks to an HSA?How do I get an HSA?What is the HSA/PPO?Where does the HAS money come from?How much can I deposit into my HSA?How much should I deposit each year?What if I don’t use my HSA money this year?What happens when I retire?Can I have an HSA & FSA?How do I get my money out of the HSA?What are some Qualified Expenses?What if I withdraw the money for personal expenses?Where can I learn more about the HSA?Save Today for a Healthy Future
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