FSA and HSA, can I have both?

Can you use both an HSA and FSA for healthcare expenses?

You may be able to have an FSA and HSA at the same time. However, it depends on which type of FSA account you have.

The three types of FSA accounts are as follows:

• Healthcare FSA – These can be used for a wide variety of out-of-pocket healthcare expenses.
• Limited purpose FSA – These accounts can only cover out-of-pocket dental and vision expenses.
• Dependent care FSA – These can help you pay for the care of dependents such as children under the age of 13, children with disabilities, or elderly parents.

You can’t have a healthcare FSA and an HSA at the same time, since they’re both used to pay for the same types of expense—your medical costs.

However, you can have a limited-purpose or dependent care FSA and an HSA simultaneously. So, for example, you could use a limited-purpose FSA to pay for just your dental and vision expenses, while using an HSA to cover your other healthcare costs.