Flexible Spending Account (FSA) and Health Savings Account (HSA)

Must enroll in a High Deductible Health Plan

Cannot contribute to an HSA if enrolled in Medicare

You cannot enroll in an FSA Medical Account if you have an HSA. 

You can still participate in FSA Dependent Care if you have an HSA.

$4,400 single or $8,750 family (2026)

*amounts include an employer contribution

Medical FSA:    $3,300 single or family (2026)

Dependent Care FSA ("daycare"):   $7,500

Unused balances roll over

NOTE: You must re-enroll each year.

Use it or lose it. Funds must be used by March 15 of the following year unless separating from the university. If separating, must be used within 30 days.

NOTE: You must re-enroll each year.