Flexible Spending Accounts

Through Health Equity, we offer Flexible Spending Accounts (FSAs) as an easy way for you to keep more of your take-home pay by using pre-tax dollars for eligible expenses. Your contribution will be divided into equal deductions from each paycheck.

Note: You can’t change your contribution amount outside of the New Hire or Open Enrollment period unless you experience a Qualified Life Event.

*Projected IRS carryover amount for 2025.

For a list of eligible expenses, visit Publication 502, Medical and Dental Expenses.

Dependent Care FSA

Available to all teammates.

You can contribute up to $5,000 annually through pre-tax payroll deductions to help cover your eligible dependent care expenses, such as:

Childcare center fees (birth – age 12)
Babysitter (birth – age 12)
Nanny (birth – age 12)
Summer day camp (birth – age 12)
Before- or after-school care (birth – age 12)
Disabled dependent and/or spouse care and elder care

You only have access to funds that are in your account. Unused money does not carry over at the end of the year.

For a full list of eligible expenses, visit the IRS website for more information.

Note: Teammates defined as Highly Compensated (per the IRS) are not eligible to participate.

Want to learn more? Check out Health Equity’s Learn website.

Important Considerations for All FSA Accounts

FSA funds can be used for you, your spouse, and your tax dependents only, not for the expenses of your domestic partner or their children.

This Benefits Website provides general information for our benefit eligible employees; however, more detailed information is available within the plan documents and legal contracts between our company and the insurance providers. In case of any discrepancy between this Benefits Website and the plan documents, the plan documents always govern and determine your exact benefits. In addition, the company reserves the right to modify or terminate any benefit plan at any time. Benefits are not a guarantee of employment.