[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-302000-105":3,"detail-sidebar-cat-1-en-105":84,"doc-detail-302000-en":130},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":77,"head_meta":79,"extra_data":81,"updated_unix":83},105,"en","flexible-spending-accounts-fsa-25-overview","Flexible Spending Accounts (FSA) 25 - Overview","","Flexible Spending Accounts (FSA) are tax-advantaged accounts that let employees use pre-tax dollars for eligible medical and/or dependent care expenses, helping reduce healthcare costs. The guide explains FSA account types (HCFSA, LPFSA, and DCFSA), annual contribution limits for 2026, and how payroll deductions fund the spending accounts. It also covers reimbursement methods (reimbursement form or HealthEquity Debit Card) and provides a tax-savings example comparing using an FSA versus not using one.",{"@graph":14,"@context":76},[15,34,55],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/general/","General",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/flexible-spending-accounts-fsa-25-overview/302000/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/flexible-spending-accounts-fsa-25-overview/302000.png","ImageObject",442,249,{"name":42,"@type":43},"Anna Hans","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-09-24","2026-09-19",true,{"@type":52,"interactionType":53,"userInteractionCount":33},"InteractionCounter",{"@type":54},"ViewAction",{"@type":56,"mainEntity":57},"FAQPage",[58,64,68,72],{"name":59,"@type":60,"acceptedAnswer":61},"What is a Flexible Spending Account (FSA) and how does it help?","Question",{"text":62,"@type":63},"An FSA is a tax-advantaged account that lets you use pre-tax dollars for eligible expenses, potentially saving on healthcare costs by reducing taxes taken from your paycheck.","Answer",{"name":65,"@type":60,"acceptedAnswer":66},"What are the main FSA options and what expenses do they cover?",{"text":67,"@type":63},"The guide lists three options: HCFSA for eligible medical expenses, LPFSA for eligible dental and vision expenses, and DCFSA for dependent care expenses.",{"name":69,"@type":60,"acceptedAnswer":70},"How can you pay for or claim eligible expenses using an FSA?",{"text":71,"@type":63},"You can submit eligible expenses for reimbursement using a reimbursement form with proof of service, or use the HealthEquity Debit Card for eligible purchases (details referenced in the guide).",{"name":73,"@type":60,"acceptedAnswer":74},"What is the key tax-related rule mentioned for HCFSA and HSA?",{"text":75,"@type":63},"If you have an HCFSA, you are ineligible for contributing to an HSA, and the guide notes you can’t combine an HSA with an HCFSA.","https://schema.org",{"og:url":32,"og:type":78,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":80,"canonical":32},"index,follow",{"doc_id":82,"site_id":7},302000,1789976158,{"code":4,"msg":85,"data":86},"success",[87,92,97,102,107,112,117,122,127],{"id":88,"doc_module":22,"doc_module_name":25,"category_name":89,"show_sort_weight":90,"slug":91},11,"Presentations",90,"presentations",{"id":93,"doc_module":22,"doc_module_name":25,"category_name":94,"show_sort_weight":95,"slug":96},12,"Resumes",80,"resumes",{"id":98,"doc_module":22,"doc_module_name":25,"category_name":99,"show_sort_weight":100,"slug":101},14,"Invoices",70,"invoices",{"id":103,"doc_module":22,"doc_module_name":25,"category_name":104,"show_sort_weight":105,"slug":106},15,"Posters",60,"posters",{"id":108,"doc_module":22,"doc_module_name":25,"category_name":109,"show_sort_weight":110,"slug":111},16,"Social Media",50,"social-media",{"id":113,"doc_module":22,"doc_module_name":25,"category_name":114,"show_sort_weight":115,"slug":116},17,"Forms",40,"forms",{"id":118,"doc_module":22,"doc_module_name":25,"category_name":119,"show_sort_weight":120,"slug":121},18,"Letters",30,"letters",{"id":123,"doc_module":22,"doc_module_name":25,"category_name":124,"show_sort_weight":125,"slug":126},21,"Paper Templates",5,"papers-templates",{"id":128,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":4,"slug":129},158,"general-158",{"code":4,"msg":85,"data":131},{"doc_id":82,"user_id":132,"nickname":42,"user_avatar":133,"doc_module":22,"category_id":128,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":33,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":125,"language":139,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":140,"faqs":141,"seo_title":142,"seo_description":12,"update_tm":143,"read_time":26},5909892332657,"https://ap-avatar.wpscdn.com/davatar_994ba38a5ba835b3df7d355c54d3ed8d","Flexible Spending Accounts (FSA) 25  \nA Flexible Spending Account (FSA) empowers you to keep more of your hard-earned money. FSAs are taxadvantaged accounts that let you use pre-tax dollars to pay for eligible medical expenses. You can use an FSA to save on average 30% on healthcare costs. Don’t think of it as money deducted from your paycheck—think of it as money added to your wallet.  \nFlexible Spending Account Options:  \n► A Health Care Flexible Spending Account (HCFSA) OR a Limited Purpose Flexible Spending Account (LPFSA)  \n► A Dependent Care Flexible Spending Account (DCFSA)  \nPLEASE NOTE: You can’t combine an HSAwith an HCFSA. However, LPFSAs make a great HSA companion.  \nHere is an overview of how these accounts work:  \n► You decide how much you want to deposit during the calendar year. From a minimum of $260 annually, up to the 2026 IRS maximum of $3,400 for an HCFSA or LPFSA. The DCFSA maximum annual contribution is $7,500 .  \n► HCFSA or LPFSA funds can be used for expenses incurred through the end of the benefit plan year, the date of separation or benefit ineligibility, whichever comes first.  \n► The money you contribute is automatically deducted from your pay before Federal and Social Security taxes are taken out. This money is deposited directly into the spending account(s) you have selected.  \nYou may claim eligible expenses in one of two ways:  \n► Out of your pocket—you will need to submit a reimbursement form and proof of service reflecting service date, service description, and charge to the address shown on the form  \n► Use the HealthEquity Debit Card (see page 28 for details)  \nThe advantages of these accounts are:  \n► Eligible expenses are tax-free  \n► More disposable income, because you keep some of the money that would normally go toward your federal income and Social Security taxes  \n► Convenience of payroll deduction  \nTo see the tax advantages of these accounts, look atthe chart below. For this example, we have assumed:  \n► Your annual pay is $35,000  \n► You deposit $1,000 to your HCFSA and $3,000 to your DCFSA for a total deposit of $4,000  \nClearly, the tax savings can be significant. In the example below, your disposable income would increase by $880, just by paying these eligible expenses through the spending accounts. Of course, the actual amount you save will depend on your taxable income and eligible expenses.  \nFSA Tax-Savings Example  \nUsing an FSA  \nNot Using an FSA  \n$880 Increase in Spendable Income  \n*This example assumes that your total federal income and Social Security taxes are 22% of your pay.  \nAnnual Pay  \nHealth Care FSA Deposit Dependent Care FSA Deposit  \nTaxable Pay  \nEstimated Taxes*  \nHealth Care Expenses Dependent Care Expenses  \nAnnual Take-home Pay  \n$35,000  \n- $1,000  \n- $3,000  \n$31,000  \n- $6,820 N/A  \nN/A  \n$24,180  \n$35,000  \nN/A  \nN/A  \n$35,000  \n- $7,700  \n- $1,000  \n- $3,000  \n$23,300  \n Health Care Flexible Spending Account (HCFSA) 26  \nYou decide how much you want to deposit during the calendar year to pay for health care expenses. You can deposit up to the 2026 IRS maximum of $3,400. Your tax-free contributions can be used to pay for health care expenses that you normally pay out of your own pocket after taxes. If you have an HCFSA, you are ineligible for contributing to an HSA. You can be reimbursed for the types of health care expenses listed in IRS Publication 502, Medical and Dental Expenses, including:  \n► Medical, dental, and/or vision deductible, copayments, and coinsurance  \n► Certain OTC medications  \n► Expenses over plan limits  \n► Expenses not covered by your medical plan such as contact lenses, acupuncture, weight reduction programs prescribed by a physician, and smoking cessation programs  \n► Special schools for the mentally or physically disabled  \nBe aware that IRS rules generally will not allow reimbursement for health clubs and vitamins. If you have a question regarding a particular expense, IRS Publication 502, Medical and Dental Expenses, is ","cbCaimw55GP9zZRR","https://ap.wps.com/l/cbCaimw55GP9zZRR","pdf",84568,"English","# Flexible Spending Accounts (FSA) Overview\n## FSA Account Types\n## Contribution Limits and Eligibility Rules\n## How Funds Are Used and Claimed\n## Tax-Savings Example\n# Health Care Flexible Spending Account (HCFSA)\n## Eligible vs Ineligible HCFSA Expenses\n# Limited Purpose Flexible Spending Account (LPFSA)\n## Eligible vs Ineligible LPFSA Expenses","[{\"question\":\"What is a Flexible Spending Account (FSA) and how does it help?\",\"answer\":\"An FSA is a tax-advantaged account that lets you use pre-tax dollars for eligible expenses, potentially saving on healthcare costs by reducing taxes taken from your paycheck.\"},{\"question\":\"What are the main FSA options and what expenses do they cover?\",\"answer\":\"The guide lists three options: HCFSA for eligible medical expenses, LPFSA for eligible dental and vision expenses, and DCFSA for dependent care expenses.\"},{\"question\":\"How can you pay for or claim eligible expenses using an FSA?\",\"answer\":\"You can submit eligible expenses for reimbursement using a reimbursement form with proof of service, or use the HealthEquity Debit Card for eligible purchases (details referenced in the guide).\"},{\"question\":\"What is the key tax-related rule mentioned for HCFSA and HSA?\",\"answer\":\"If you have an HCFSA, you are ineligible for contributing to an HSA, and the guide notes you can’t combine an HSA with an HCFSA.\"}]","Flexible Spending Accounts (FSA) 25 - Overview | PDF",1789787891]