JMc wrote:
- quote -

Thank you for your response.

Are you suggesting that a regular FSA will be treated as LEX
FSA (Vision & Dental) in this case?

Just to be pedantic - What does IRS requires one do in case
someone gets reimbursed for non claimable drugs/services?

Could you point to the IRS guidelines in this matter?

Regards.

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

<agrawal.vishal[at]gmail.com> wrote:

- quote -

Actually, you can be enrolled in an FSA and an HSA as long
as the FSA meets the high deductible health plan
requirements. For example, if the FSA reimbursed for only
permitted insurance (such as dental and vision), you would
not have a problem. However, if the FSA also reimbursed
prescription drugs, then you would have problems.

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

If one spouse has HSA through employer and another enrolled
in FSA (by not knowing the fact that it's disallowed)...

What can be done to cancel the FSA account?
Will the money already contributed to the FSA be forfeited?
Can the HCFSA be convered into LEX HCFSA?
What are the implications of using both at the same time?
Will it be alright to use both for the year and at the time
of filing the taxes not claiming FSA contributions on the
pre-tax basis?
Is this an invitation to an IRS audit?
Can the HCFSA be converted to LEX HCFSA?

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >