After initial enrollment, employees and employers can make changes to their LPFSA contributions in only three cases: before the plan year begins, before a new hire's effective date, and in the case of a qualifying life event. Please contact Support in order to change LPFSA contributions after experiencing a QLE.
LPFSA contribution changes due to a QLE must reflect the nature of the event. For example:
Zenefits supports simultaneous participation in a LPFSA and Child & Elderly Care FSA and in a Child & Elderly Care FSA, LPFSA and an HSA. For the former, the Flex Benefits system will automatically use up the LPFSA funds before the HSA funds.
As an employee, you can only change elections to your personal LPFSA during the renewal period or after experiencing a qualifying life event, such as a change in marital status or the birth of a child. If you have experienced an applicable qualifying life event, please contact Zenefits Customer Care. Make sure to include the date of the Qualifying Life Event, as well as what the event was.
No. You can have both a LPFSA and Child & Elderly Care FSA, but they are funded separately, and funds cannot be transferred between the two. For example, If you have both accounts and try to make a Vision purchase, but do not have enough funds in your LPFSA, your purchase will be declined regardless of the balance in your Child & Elderly Care FSA.
Yes! Your contribution limits (and LPFSA) are tied to your employer's plan. If you contribute to an LPFSA through one employer, then leave for another employer and contribute to a new LPFSA, you can contribute up to the annual limit through your new employer, regardless of how much you contributed through the previous employer.
For example, if you contributed $2750 (2020 limit) to a LPFSA with your previous employer, and you switch jobs in the same year, you can also contribute up to $2750 with the new employer.
This specifically applies to Health Care FSAs (Limited and Full Purpose only, not Dependent Care FSAs.
You can view the total available funds in your LPFSA and/or Child & Elderly Care FSA in the Flexible Spending Account app. Simply click on the app from your dashboard and look for your LPFSA funds under Benefits Summary.
If you've gone through a qualifying life event (QLE) and would like to enroll in an LPFSA, contact Zenefits Customer Care within 30 days of the event and provide: