Limited Purpose Fsa Rollover 2024. Its funds can only be used for expenses related to dental or vision care. If you didn’t spend your total contributed amount by the end of your plan year, you forfeited any remaining funds back to your employer.
As the name implies, the limited purpose fsa is more restricted in its scope: Fsas only have one limit for individual and family health plan participation, but if you and your spouse are lucky enough to each be offered an fsa at work, you can each elect the maximum for a combined household set aside of.