Archive for the ‘352’ Category

Can I contribute to an FSA through my employer if I’m covered by my husband’s HDHP insurance w/ HSA?

Monday, June 16th, 2008
Michelle asked:


My daughter and I are covered by my husband’s health insurance through his employer. We have a High Deductible Health Insurance Plan and contribute to a Health Savings Account through my husband’s payroll deduction.

Through my employer, I have only elected to have Vision coverage. So, can I set up a Flexible Spending Account through my employer and contribute through my own payroll deduction? I’m asking b/c I would like to have an FSA to pay for my daughter’s daycare expenses so that I may take advantage of the tax benefits of doing so. Thanks!

Alvin