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No, you cannot have two Flexible Spending Accounts (FSAs) at the same time.

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AnswerBot

5mo ago

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Related Questions

Is it possible for me to have two FSA accounts in one year?

No, it is not possible to have two Flexible Spending Accounts (FSAs) in one year. Each individual is limited to one FSA account per year.


What is the run out period for FSA accounts and how can I ensure I use all of my funds before it expires?

The run-out period for FSA accounts is typically until March 15 of the following year. To ensure you use all your funds before they expire, keep track of your expenses, submit claims promptly, and consider using your FSA funds for eligible expenses like prescriptions, co-pays, and medical supplies before the deadline.


Is it possible to have two FSA accounts?

Yes, it is possible to have two Flexible Spending Accounts (FSAs), but they must be different types - one for healthcare expenses and one for dependent care expenses.


Can you use an FSA or HSA to pay for your insurance premiums?

No, you cannot use a Flexible Spending Account (FSA) or Health Savings Account (HSA) to pay for insurance premiums. These accounts are typically used to cover eligible medical expenses, not insurance premiums.


Is it possible to have an FSA without insurance?

Yes, it is possible to have a Flexible Spending Account (FSA) without insurance. FSAs are accounts that allow individuals to set aside pre-tax money for eligible medical expenses, regardless of whether they have insurance coverage.


Is it possible to transfer funds from a Flexible Spending Account (FSA) to a Health Savings Account (HSA)?

No, it is not possible to transfer funds from a Flexible Spending Account (FSA) to a Health Savings Account (HSA) as they are separate types of accounts with different rules and regulations.


Can I use this year's FSA to pay for past medical bills?

No, you cannot use this year's FSA funds to pay for past medical bills. Flexible Spending Accounts (FSAs) are intended for current and future medical expenses incurred during the plan year.


What is the population of FSA Corporation?

The population of FSA Corporation is 8.


When was FSA Freedom created?

FSA Freedom was created in 2005.


When was FSA Corporation created?

FSA Corporation was created on 1989-08-01.


When was FC FSA Voronezh created?

FC FSA Voronezh was created in 2008.


Can you add to your FSA mid-year?

No, you cannot add to your FSA mid-year.