Flexible Spending Accounts
What to Know
Like the HSA, Flexible Spending Accounts (FSAs) are tax advantaged. Unlike the HSA, your funds don’t roll over from year to year. This is mostly a use-it-or-lose-it account. You’ll forfeit any amount you don’t spend by the end of the year, with the exception of the Health Care accounts that allow you to carry over up to $640 into 2025 and up to $660 into 2026.
The Health Care FSA lets you use pretax dollars to pay for out-of-pocket health care costs like prescription copays, deductibles, and dental and vision care services. You can contribute a maximum of $3,300 in 2025. You can’t enroll in a Health Care FSA and an HSA at the same time. That means you can’t choose the Health Care FSA if you enroll in the Blue Shield PPO HDHP.
You can, however, be enrolled in an HSA and a Limited Purpose FSA simultaneously. The Limited Purpose FSA is for dental and vision expenses and post-deductible expenses only. Contributions for 2025 are capped at $3,300.
The Dependent Care FSA is for child care for children up to age 13. You can enroll in a Dependent Care FSA with any of the medical plans. The contribution limit for 2025 is $5,000 per household.
Note that the total IRS maximum for the calendar year includes any contributions made to your FSA through a previous employer within the same year.
FSA & Commuter Benefits
Navia Benefits
800-669-3539
Fax: 866-535-9227
naviabenefits.com
Navia Benefit Solutions
P.O. Box 53250
Bellevue, WA 98015-3250