FLEXIBLE SPENDING ACCOUNTS Flexible Spending Accounts (FSAs) are set up to pay for many of out-of-pocket medical expenses with tax-free dollars. The FSA account holder sets aside a pre-tax dollar amount for the year used to pay for medical expenses. Unused FSA funds WATCH THIS FSA VIDEO TO LEARN MORE can expire at the end of the year, so it is important to calculate expected expenses as accurately as possible prior to adding funds. HEALTHCARE FSA 2 DEPENDENT CARE ACCOUNT (DCA) FSA 1 The FSA can be paired with a Copay Plan. Employees A DCA can also be paired with BOTH the HDHP or who enroll in the HDHP are NOT eligible for the the Copay Plan. A DCA is a tax-free account for Healthcare FSA. FSA funds can be used on various dependent care expenses such as daycare, medical, dental, and vision related expenses – the preschool, or day camps for any dependent under benefit is to use tax-free dollars on these purchases. the age of 13 or who are physically or mentally The IRS has set the contribution maximum to $3,300 incapable of self-care. The IRS has set the annually. contribution maximum at $5,000 for families and $2,500 for individuals. VIEW ELIGIBLE EXPENSES LEARN MORE ABOUT YOUR DCA