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Limited purpose FSA

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[2 is better than one]

Sometimes two is better than one.

Two shoes. Two cars. Two viewpoints.

How about two health care accounts? One to pay for qualified medical expenses, and one to pay for just dental and vision expenses.

Expenses like:

[Lasik eye surgery]

Lasik eye surgery.

[Dental visits]

Dental visits.


And Orthodontics!

[Optum Bank Limited Purpose Flexible Spending Account]

That’s the idea behind the Optum Bank Limited Purpose Flexible Spending Account.


It’s offered through your employer during your Open Enrollment period. Check your benefit information to see if you’re eligible.

It’s a great companion to a health savings account (HSA), which you may use to pay for unforeseen qualified medical expenses. The limited purpose FSA is just that – it has a limited purpose. It reimburses you for dental and vision expenses. You can easily pay for services at dental or vision clinics that accept Mastercard® with your Optum Bank debit Mastercard®.

With a limited purpose FSA, you decide how much you want to put into the account, and that lump sum is there the first day of the plan year.

Plus, the money that goes in is deducted from your paycheck before taxes.

Just make sure you use all the money in your limited purpose FSA.

It’s not like an HSA, where your funds roll over from year to year.

[Use it or lose it]

While some plans have a grace period or a carryover provision, a limited purpose FSA is a “use it or lose it” account.

[One important note]

One important note: If you spend your Limited Purpose FSA dollars before the end of the plan year, and something else comes up – like a root canal – additional dental or vision expenses could be paid from your HSA. Just make sure to check your plan details.

[$24.18 Optometry Visit]

[$271.47 Dental Visit]

[$152.09 Ophthalmologist]

No matter what, we make it really easy to help you keep track of what you’ve spent and what you plan to spend, so you can plan efficiently and maximize your account.


Just go to optumbank.com or download our mobile app to check on your accounts, submit a claim and more. 

[OptumBank Limited Purpose FSA]

The Optum Bank Limited Purpose FSA.

[Combines with your HSA, it’s a case where…]

[2 is better than one.]

Combined with your HSA, it’s a case where two -- is better than one.

[Optum Bank]


[Flexible spending accounts (FSAs) are administered by OptumHealth Financial Services and are subject to eligibility and restrictions. Health savings accounts (HSAs) are individual accounts offered or administered by Optum Bank®, Member FDIC, and are subject to eligibility requirements and restrictions on deposits and withdrawals to avoid IRS penalties. State taxes may apply. Fees may reduce earnings on account. The content in this video is not intended as legal or tax advice. Federal and state laws and regulations are subject to change.]

[©2018 Optum Bank, Inc. All rights reserved. 76790-072018]

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