Click here for video on Flexible Spending Accounts

Click here for examples of eligible and ineligible Medical expenses

Click here for examples of eligible and ineligible Dependent Care expenses.

Click here on how to request for expense reimbursement if debit card is not used.

Other resources

Click here on accessing your FSA account on HealthNow (HNAS)

Click here for Guide on Flexible Spending Accounts

Click here for examples on store receipts with medical FSA notation

About our Flexible Spending Accounts

What is an FSA? A flexible spending account (FSA), also known as a flexible spending arrangement,  allows an employee to set aside a portion of earnings to pay for qualified expenses such as medical expenses (Medical FSA) and dependent care expenses (Dependent Care FSA). Money deducted from an employee's pay into an FSA is not subject to payroll taxes, resulting in substantial payroll tax savings.

While the FSA account offers tax savings, a key issue to keep in mind is that if the elected FSA funds are not used by the end of the Calendar Year (Dec. 31st) and the amount exceeds more than the rollover amount ($640 for 2024, $660 for 2025), the funds are lost to the employee. However, you have the power to estimate your average health care expenses and determine an appropriate monthly contribution, which is then deducted from your paycheck. Since you decide how much you put in, there is no need to worry about large leftover balances.

The important thing to know is understand what counts as a qualified expense. This will keep you from over or underestimating how much to contribute. If, at the end of the plan year, you find yourself with excess funds in the account, you can then consider exhausting your funds by purchasing items from an FSA Store. These types of products are largely elective in nature, as well as eligible expenses.

If this is your first time participating in the FSA, be conservative in your estimations. You can then make necessary adjustments next year at open enrollment. Also, it is very important to keep all receipts when using the Flexcard. You may be asked by the administrator to provide details of the expense.

Health Care FSA (HCFSA)

You may contribute up to $3,200 pre-tax annually to the Health Care FSA ($3,300 for the 2025 Calendar year ). A health care FSA is used to help pay for health care expenses that are typically not paid for by your health plan. With a health care FSA, it is important to:

• Consider the type of services you may need during the year
• Estimate the cost of the services
• Determine your pre-tax contributions to help meet those costs

While a health care FSA can help you pay for many health care services, IRS regulations do not allow you to use it to pay for health insurance premiums and cosmetic treatments. Services must be intended to treat or prevent a specific medical condition.

Dependent Care FSA (DCFSA)

A Dependent Care FSA (DCFSA) is a pre-tax benefit account used to pay for eligible dependent care services, such as preschool, summer day camp, before or after school programs, and child or adult daycare. It's a smart, simple way to save money while taking care of your loved ones so that you can continue to work.

Your household may contribute up to $5,000 per plan year from which to pay eligible expenses. If you are married but filing separately, the maximum contribution is $2,500.

Note that eligible expenses are those costs related to dependent care while you are at work. For school age children, those expenses may include the cost of care before and after school. 

Unlike the HCFSA, with the DCFSA, you may only be reimbursed for up to the amount you have accrued in you DCFSA account. Also, any unused DCFSA amount CANNOT roll over to the following year.

Debit Card; Convenient Transactions

The Debit Card program is a great tool for accessing the funds in FSA Health Reimbursement Account. It allows you to avoid up-front, out-of pocket expenses by accessing your election quickly and conveniently through the debit card system. Once your election form is processed a card will be automatically generated and sent to your home. If you wish to add an additional card for your dependent you will have to complete the Dependent Debit Card form. It is very important to keep all receipts when using the Flexcard. You may be asked by the administrator to provide details of the expense.

Please refer to the Benefit Guide Book for more information about this account and your participation status.