![]() Optum Financial and its subsidiaries are not broker-dealer or registered investment advisors and do not provide investment advice or research concerning securities, make recommendations concerning securities, or otherwise solicit securities transactions. Orders are accepted to effect transactions in securities only as an accommodation to HSA owners. ![]() Brokerage services are offered to certain accountholders through TD Ameritrade, Inc., Member FDIC/SIPC and a subsidiary of The Charles Schwab Corporation. The Schwab Health Savings Brokerage Account is offered to certain account holders through Charles Schwab & Co., Inc., Member FINRA/SIPC. Discretionary advisory services are provided by Betterment LLC, an SEC-registered investment adviser, with associated brokerage transactions provided by Betterment Securities, Member FINRA/SIPC. Self-directed mutual fund investment options are made available through the services of an independent investment advisor, or your plan sponsor. Combined with your HSA, it’s a case where two is better than one. Just go to or download our mobile app to check on your accounts, submit a claim and more. No matter what, we make it really easy to help you keep track of what you’ve spent and what you plan to spend, so you can plan efficiently and maximize your account. Just make sure to check your plan details. One important note: If you spend your limited purpose FSA dollars before the end of the plan year, and something else comes up like a root canal, additional dental or vision expenses could be paid from your HSA. Some plans may have a grace period or a carryover provision, but a limited purpose FSA is a “use it or lose it” account. It’s not like an HSA, where your funds roll over from year to year. Just make sure you use all the money in your limited purpose FSA. Plus, the money that goes in is deducted from your paycheck before taxes. With a limited purpose FSA, you decide how much you want to put into the account, and that lump sum is there the first day of the plan year. You can easily pay for services at dental or vision clinics with your payment card. It reimburses you for dental and vision expenses. The limited purpose FSA is just that – it has a limited purpose. It’s a great companion to a health savings account, or HSA, which you may use to pay for unforeseen qualified medical expenses. Check your benefit information to see if you’re eligible. It’s offered through your employer during your open enrollment period. Expenses like lasik eye surgery, dental visits, and orthodontics! That’s the idea behind the Optum Financial limited purpose flexible spending account. How about two health care accounts? One to pay for qualified medical expenses, and one to pay for just dental and vision expenses. and other countries.Sometimes two is better than one. App Store is a service mark of Apple Inc., registered in the U.S. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. Google Play and the Google Play logo are trademarks of Google LLC. Please contact your plan administrator with questions about enrollment or plan restrictions. Please contact a legal or tax professional for advice on eligibility, tax treatment and restrictions. Federal and state laws and regulations are subject to change. This communication is not intended as legal or tax advice. Employer-Sponsored Plans are not individually owned and amounts available under the Employer-Sponsored Plan are not FDIC insured. ("Optum Financial") and are subject to eligibility and restrictions. Fees may reduce earnings on account.įlexible spending accounts (FSAs), dependent care assistance programs (DCAPs), health reimbursement arrangements (HRAs), Commuter and Parking Benefits, Tuition Assistance Plans, Adoption Assistance Plans, Surrogacy Assistance Plans, Wellness Benefits, and Lifestyle Accounts (collectively, “Employer-Sponsored Plans”) are administered on behalf of your plan sponsor by Optum Financial, Inc. HSAs are subject to eligibility requirements and restrictions on deposits and withdrawals to avoid IRS penalties. ![]() is not a bank or an FDIC insured institution. Health savings accounts (HSAs) and Medicare Advantage Medical Savings Accounts (MSAs) are individual accounts offered or administered through Optum Bank ®, Member FDIC, a subsidiary of Optum Financial, Inc.
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