What is an LPFSA?
A limited purpose flexible spending account (LPFSA) allows eligible employees to set aside pre-tax money via payroll deductions into a tax-free account and use this money to pay for eligible out of pocket Dental and Vision expenses.
Zenefits offers two types of FSAs:
- Limited Purpose FSAs pay for out-of-pocket Dental and Vision expenses (e.g., contact lenses, contact lens solution, Orthodontics and other LPFSA Eligible Expenses) not covered by insurance.
- Child & Elderly Care FSAs pay for the care of a dependent child or adult so that employees can work or look for work (Learn More).
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