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FSA (Flex Spending Account)
2023 FSA (Medical and Dependent) Enrollment Form
2023 Max Limit Contributions:
Medical - $3,050
Dependent Care - $5,000*FSA works as a "use it or lose it" account, meaning any funds that are not spent by the end of the calendar year will be lost.
*Anyone can participate in the FSA plan, even if not covered under a school-sponsored insurance plan.
*If you have both an HSA and FSA Medical account, you may only use your FSA account for Dental and Vision.
*Contributions are made tax-free! -
HSA (Health Savings Account)
2023 Max Limit Contributions:
Single - $3,850
Family - $7,750
55+ Catch Up Contribution - $1,000*There is no limit to when you can use your funds. Unspent funds are transferred year to year.
*Must be enrolled in a HDHP (High Deductible Health Plan), such as the Medica HSA.
*Contributions are made tax-free!