PDFSA Guide

Save more on dental and vision expenses

An PDFSA empowers you to maximize tax savings for dental and vision expenses. Plan your spending, know the rules and unlock amazing tax savings.

What is a PDFSA

PDFSAs are tax-advantaged accounts that let you use pre-tax dollars to pay for eligible dental and vision expenses. Members save on average 30 percent¹ on hundreds of products and services. Don’t think of it as money deducted from your paycheck—think of it as money added to your wallet.

Expect Remarkable

24/7 member services

Award-winning mobile app²

Convenient Help Center

Easy account management

Plan your spending

It pays to be strategic.

Pay for dental, vision and more

Because of the tax savings on contributions, you can save an average of 30 percent¹ on qualified medical expenses, including but not limited to:

Cataract Surgery⁶
Contact Lenses^Rx
Dental Services and Procedures
Eyeglasses^Rx
Eye Surgery
Invisalign Orthodontics
Orthodontia
Prescription Sunglasses
Screening Tests

Contact Lenses^Rx
Contact Solution
Eye Drops
Eye Exams
Fluoride Treatment
Lasik Surgery
OTC Dental and Teething Pain Products
Retainer
Vision Correction

View full list of eligible expenses

Your savings can add up fast

Here’s an example based on $1,900 annual spending and a 30 percent effective tax rate.

Eye exams
$250

Prescription
eyeglasses
$150

Dental implant
$1500

Annual tax savings¹

$570

Make your elections

Once you choose an annual contribution, your employer will deduct that amount pre-tax in equal parts from each paycheck.

LPFSA Annual Contribution Limit

Tax year	Individual and family limit
2023	$3,050
2024	$3,200

Complement your HSA

Because your HSA stays with you forever, it’s nice if you can avoid spending your HSA dollars. That’s where an PDFSA offers incredible flexibility. Use your PDFSA to pay for routine vision and dental expenses, then save your HSA for long-term healthcare expenses.

Know the rules

Don’t get caught by surprise. Carefully review your open enrollment materials.

Timing matters

Unused PDFSA funds are eventually forfeited back to your employer, so it’s important to be aware of spend-down deadlines. Consult your plan documents for complete details.³

Take advantage of PDFSA carryover
Your organization allows you to carry over a portion of your PDFSA funds into the next plan year. You don’t have to spend it all this year. Consult your plan documents for carryover limits.

Limited election period

Elections can only be made during open enrollment unless you have a qualifying life event,⁴ which may include changes to:

Employment
status (Including
medical leave)

Marital status

Number of
dependents

No double-dipping

You can’t get reimbursed twice for the same expense (example: reimbursement + deduction from tax returns).

We make it easy to get reimbursed:

Pay for your products or services
Upload your receipts online or in the mobile app
Choose reimbursement by check or have funds deposited directly into your bank account

Tools and resources

Check out these additional resources.

Carryover 2024/2025

To be eligible to access your carryover dollars, you must elect a new plan for the upcoming year. Otherwise, you will forfeit those funds.

View

LPFSA webinar

Level up your health savings. Discover helpful strategies for using an LPFSA—and how to save your HSA for a rainy day.

LPFSA: Level up Your Health Savings

A Limited Purpose Flexible Spending Account (LPFSA) enables you to use pre-tax dollars to pay for qualified vision and dental expenses. The best part: An LPFSA can be used with an HSA. Learn strategies for using an LPFSA—while saving with your HSA

Explore other FSA types

FSA

Flexible Spending Account

Give yourself flexibility and amazing tax savings.

DCFSA

Dependent Care Flexible Spending Account

Turn caregiving into monthly tax savings.

¹The example used is for illustrative purposes only; actual savings may vary. The figure is based on average tax rates, including state, federal and FICA taxes.Return to content

²Accounts must be activated via the HealthEquity website in order to use the mobile app.Return to content

³Plans vary by employer. Please review your plan documents carefully or consult your employer for information about your company's benefits.Return to content

⁴Please refer to your plan documents for more information.Return to content

HealthEquity does not provide legal, tax or financial advice. Always consult a professional when making life-changing decisions.