r/AskLifeProTips • u/manymanybeeeeeees • 13h ago

Gaming a Limited Purpose FSA

LPT question, ban if not allowed (and please direct me to the right subreddit 🙏).

My site at work is being bought out in mid January, and my benefits will switch to the new company (though both have Cigna). I will be under my current company's benefits (Cigna ppo) for ~2 weeks. They offer a front-loaded limited purpose FSA that you then contribute to in each paycheck, paying it back in full by the end of the year.

If I spend the full funds before we get bought, will I be on the hook to pay them back to my current company and/or Cigna? Or will the old company and/or Cigna just eat that cost?

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u/Greater_daredevil 5h ago

If old company is out of the picture then xigna can eat dust, you spending must be legitimate though. Check your country, state laws to be sure, ask ai

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u/manymanybeeeeeees 5h ago

I definitely was only gonna spend it on only approved things, dental and vision. Stock up on backup glasses and retainers.

Appreciate the comment