Flexible Spending Account

Save up to $500 on taxes when you elect FSA1

A flexible way to save

A healthcare FSA lets you use tax-free money to pay for eligible medical, dental, and vision expenses.2 So you spend less on the healthcare you need. FSA paycheck deductions are tax-free too, which helps reduce your taxable income. The more you contribute, the more you save.

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Access annual contribution amount on day one.

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Pay for your spouse and dependents too.

Coins

Plan ahead because FSA funds eventually expire.

Don’t tax your money. Max your money. 

Get $20 tax savings for every $100 you contribute.1

FSA

No FSA

2024 IRS contribution limits3

$3,200

Spend tax-free.

There are thousands of eligible expenses. Here are just few:

Vision

Pain relievers

Pharmacy

Dental cleaning

Dental

Doctor's Office

Medical

Cold and cough

Over-the-counter 

(OTC) medications

Mental health services

Insulin care

Lab fees

View eligible expenses
Shop the FSA Store

FSA resources  

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Easily find answers to common questions about your benefits.   

Help Center
HSA guide

Plan your spending, know the rules and unlock amazing tax savings.

FSA Guide
Webinars

Not sure if an FSA is right for you? Explore our on-demand FSA webinars.  

Webinars

1FSAs are never taxed at a federal income tax level when used appropriately for eligible healthcare expenses. Also, most states recognize FSA funds as tax deductible with very few exceptions. Please consult a tax advisor regarding your state’s specific rules. | 2The example is for illustrative purposes only. Estimated savings are based on a maximum annual contribution and an assumed combined federal and state income tax bracket of 20%. Actual savings will depend on your contribution amount and taxable income and tax status. | 3Contribution limit is accurate as of 11/09/23. Each fall the IRS updates the FSA contribution limits. For the latest information, please visit: HealthEquity.com/Learn | HealthEquity does not provide legal, tax or financial advice. 

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