Am I eligible for an FSA?
If your company offers health insurance and you are eligible to enroll in one of their plans, you are eligible to enroll in an FSA. You do not need to be enrolled in health insurance through your company, you simply need to be eligible to be offered insurance. Though there are exceptions, self-employed employees and shareholders who own 2% or more in an S-Corp, LLC, LLP, PC, sole proprietorship, or partnerships are generally ineligible for FSAs.
If you already have a health savings account (HSA), or intend to sign up for one, you can only enroll in a Child & Elderly Care FSA. You may not be enrolled in an HSA and a Health Care FSA at the same time.
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