When can I start using my LPFSA funds?
You can start using your Limited Purpose FSA on the first day of the plan. The entire annual contribution amount (including employer contributions, if any) is available on that date, and is repaid incrementally through deductions from your paychecks over the remainder of the plan year. However, you can't use your LPFSA to pay for expenses that occurred prior to the start of your LPFSA.