What is a Flexible Spending Account (FSA)?
An FSA is an employer-sponsored account that lets you set aside pre-tax dollars to pay for eligible medical, dental, and vision expenses for you and your family. Save money and reduce your taxable income.
Eligible Expenses:
Copays & Deductibles
Prescriptions
Dental & Vision Care
Medical Devices
Dependent Care Expenses
Over-the-Counter Medications
FAQ
How much can I contribute to an FSA?
The IRS sets annual contribution limits. For 2025, the limit is $3,200 per employee. Check your employer’s plan for details.
What expenses are eligible?
Eligible expenses include copays, deductibles, prescriptions, dental, vision, and many over-the-counter products. See your plan’s list for details.
Does unused FSA money roll over?
Some plans allow a small amount to roll over, but most are “use-it-or-lose-it”—plan your contributions accordingly each year.
Can I use my FSA for my dependents?
Yes, you can use FSA funds for your spouse and dependents, even if they’re not on your employer’s health plan.