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If I'm enrolled in an HDHP with HSA and an LPHC FSA for plan year 2022 and have LPHC FSA funds carry over to plan year 2023, will those funds stay in an LPHC FSA regardless of whether I remain enrolled in the HDHP with HSA for plan year 2023?
Those funds, up to the Carryover maximum of $550, would be carried over to a LPHC FSA for plan year 2023. If you do not enroll in an HDHP with HSA for plan year 2023, you could enroll in a GPHC FSA to ensure the carryover funds are in a GPHC FSA. If you don't re-enroll in a Health Care FSA for plan year 2023, you can contact HealthEquity|WageWorks to request that the Carryover balance be transferred to a GPHC FSA effective January 1, 2023.