Health Care Flexible Spending Account

Set Aside Pre-Tax Dollars for Qualified Medical Expenses.

A Health Care Flexible Spending Account (FSA) is a voluntary benefit that allows you to set aside money from your paycheck before taxes are taken out to pay for eligible out-of-pocket healthcare expenses. These include copays, prescriptions, dental and vision costs, and other medical-related expenses not covered by insurance.

Participating in an FSA can help you save money and better plan for expected medical costs throughout the year. Employees must re-enroll each year during the benefit open enrollment period to participate. 

FSA Grace Period & Deadlines

If you have unused funds in your Health Care FSA at the end of the plan year, you have a grace period through November 15th to incur eligible expenses.

All expenses incurred during that grace period must be submitted by November 30th.

Per IRS guidelines, any remaining balance not used or submitted by the deadline will be forfeited.