Which of my employees are eligible for an LPFSA?
Employees who are enrolled in an HSA are eligible for an LPFSA. Business owners usually are not eligible. Employees who have HSAs can have LPFSA and Dependent Care FSA.
All eligible employees can enroll in an Limited Purpose FSA, but those who'd like to set up a Dependent Care FSA must satisfy some additional requirements, especially if they plan to use the DCFSA to care for an aging parent or a new baby.