FSA
A Flexible Spending Account (FSA) is an employer owned account that lets you set aside pre-tax dollars (which lowers your taxable income) to pay for eligible out-of-pocket expenses.
1. Healthcare FSA – Can be used to pay eligible medical, dental, orthodontia and vision expenses.
2. Dependent Care – Can be used to pay eligible expenses for childcare, eldercare or care for a disabled dependent.
Click here to watch a helpful video on How to Submit a Claim.
FSA/DCA |
|
|---|---|
Account Use |
You choose payroll dollars to set aside in your FSA on a |
Medical Annual Max (FSA) |
$3,400 |
Dependent Care Annual Max |
$7,500 |
2026 Carryover |
$680 |
What happens to unused funds? |
Any unused balance will be forfeited at the end of the plan year, minus the carryover amount |