FSA (Grace period) | Save up to $660 on taxes when you elect FSA

¹The 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. | ²FSAs 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. | ³See your plan documents for complete details. | ⁴Contribution limit is accurate as of 10/22/24. Each fall the IRS updates the FSA contribution limits. For the latest information, please visit: HealthEquity.com/Learn | ⁵HealthEquity and the FSA Store are separate companies and are not responsible for each other’s policies or services. When you make a purchase through the FSA Store from a link on a HealthEquity site, we may earn a referral commission. | HealthEquity does not provide legal, tax or financial advice.

Save up to $660 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.

Fast, hassle-free payments and reimbursement

Enjoy an extra grace period at the end of the plan year to spend remaining account funds.³

Access annual contribution amount on day one

Don’t tax your money. Max your money.

2025 IRS contribution limits⁴

Spend tax-free.

FSA resources

Save up to $660 on taxes when you elect FSA1