Contribute up to $3,300 per year, pretax, to pay for copays, prescription
expenses, lab exams and tests, contact lenses and eyeglasses.
Those enrolled in the HDHP can contribute up to $3,300 per year, pretax, to pay for eligible vision and dental expenses.
Plan your contributions carefully, you have until March 31 to use your funds. The IRS allows for $640 of unused funds to rollover from 2024 to 2025 and $660 of unused funds rollovered from 2025 to 2026, any remaining money after the rollover max will be forfeited.
| FSA Coverage Information for 2025 | |||
|---|---|---|---|
| Health Care | Limited Provision Health FSA | Dependent Care | |
| Maximum Contribution | $3,300 | $3,300 | $5,000 |
| Qualified Expenses | Qualified Medical, Dental and Vision | Qualified Dental and Vision | Childcare (up to age 13) or Care for an Adult with Disability |
| Use it or Lose it | After $660 rollover | After $660 rollover | Yes |
| PPO plan or no plan | PPO plan or no plan | High Deductible plan | Any medical plan or no medical plan |
Each plan year you select a specific amount to contribute to your HCFSA. Your election amount will be deducted evenly out of each payroll check and placed into your FSA. You can then use the funds to pay for eligible expenses.
HCFSAs reduce your taxable income by setting aside pre-tax dollars to pay for eligible healthcare expenses.
The HCFSA covers eligible expenses for you and your dependents, even if they are not covered under your primary health plan.
$3,300
The HCFSA covers eligible expenses for you and your dependents, even if they are not covered under your primary health plan.
If you have an HSA, you can participate in a Llimited Purpose FSA.
Limited Purpose FSAs reduce your taxable income by setting aside pre-tax dollars to pay for eligible dental and vision expenses.
If you are enrolled in an HDHP and HSA plan.
The Limited Purpose FSA covers eligible dental and vision expenses for you and your dependents.
$3,300
The full amount of your Limited Purpose FSA election is available at the beginning of the election year. All expenses must be incurred during the plan year which is January 1 through December 31. You may roll over up to $640 of your unused 2024 health FSA funds, not submitted for reimbursement by March 15, 2025, provided you enroll in the FSA plan for 2025. You may roll over up to $660 of your unused health FSA funds at the end of 2025 provided you enroll in the FSA plan for 2026.
A Dependent Care FSA (DCFSA) allows you to use tax free monies to pay for child or dependent care expenses so you can work. DCFSA funds are available as they are deducted from your payroll.
Participating in a Child/Dependent Care FSA is like receiving a 30% discount from your care provider.
You and your spouse (if applicable) work full-time
Your qualifying child under the age of 13, who shares the same residence with you, or your spouse or qualifying child or relative who is physically or mentally unable to care for him/herself who shares the same residence with you and has income less than the federal exemption amount.
The IRS limits annual contributions to $5,000 on income tax returns for single or married persons filing jointly, and $2,500 for married individuals filing separately.
You can be reimbursed up to the amount available in your account
All expenses must be incurred during the plan year which is January 1 through December 31. No carry over is allowed. Any remaining funds will be forfeited.
