Flexible Spending Account
All eligible Associates have the option to enroll in a pre-tax Flexible Spending Accounts (FSA) for both healthcare and dependent care. FSAs are an independent election; you do not need to be enrolled in the medical plan. There are three plans offered through HealthEquity. Each plan has an annual limit as determined by the IRS.
| Type of Account | 2025 IRS Maximum |
|---|---|
| Health Flexible Spending Account | $3,300 |
| Limited Purpose Flexible Spending Account | $3,300 |
| Dependent Care Account | $5,000 ($2,500 if married, filing separately) |
Health Care FSA
Use pre-tax dollars to pay for eligible medical, dental and vision expenses not covered under the health benefits program. Qualified expenses include copays, deductibles, prescriptions, dental services, eyeglasses, certain vitamins, compression sleeves, acupuncture, feminine hygiene products, etc. Click here for a more extensive list of qualified expenses.
A Healthcare FSA cannot be utilized if you are contributing to a Health Savings Account (HSA).
Limited Purpose FSA
Only for Dental, Vision and Preventive Care costs
A Limited Purpose Healthcare FSA is restricted to only eligible dental and vision expenses. If you have an HSA, you can enroll in this FSA to help offset the cost of dental and vision needs. Visit irs.gov for more guidelines.
Dependent Care FSA
Use pre-tax dollars to pay for eligible dependent child and/or elder care services. This account can be used to reimburse yourself for day care for children up to age 13 and disabled dependents of any age. In order to be eligible for this benefit, you and your spouse (if applicable) must be working, looking for work, or enrolled in school full time.
Health Care FSA
Dependent Care FSA
