Flexible Spending Accounts (FSAs)

Flexible Spending Accounts (FSAs) allow you to set aside pre-tax dollars for reimbursement of eligible health care and/or dependent care expenses. The Flexible Spending Accounts are administered by HSA Bank.

Health Care FSA

The Health Care FSA gives you a valuable tax break by letting you set aside pre-tax dollars for reimbursement of certain health care expenses you or your family might have over the course of a year. Here are some key features of this type of account:

Money in your account can be used for medical, dental and vision expenses
You may contribute up to the IRS maximum each year. In 2025, the maximum contribution is $3,300
You can access your full annual election immediately
At the end of the year, remaining money up to $660 will be rolled over to the following year for you to continue using. If you have a balance above $660, that money will be forfeited, so choose you FSA election amount wisely
If you elect a High Deductible Health Plan with HSA, you may not contribute to a Health Care FSA

Dependent Care FSA

Just like the Health Care FSA, the Dependent Care FSA gives you a valuable tax break to help you pay for certain child and adult day care expenses. Here are some key features of this type of account:

Money in your account for expenses such as before and after school care, expenses for day care, preschool or nursery school, nanny service and summer camp
You may contribute up to $5,000 each year or $2,500 if you are married and your spouse also participates in this benefit
You can access funds as they are deposited to your account
Any balances remaining at the end of the year will be forfeited.

Improved Access to Claims and Reimbursements

Download the HSA Bank Mobile app from the App Store or Google Play. You’ll need to register as a new user by creating a unique ID and password. After you’ve accessed the app, your credentials will be saved and can be accessed with Touch ID or Face ID.