FSA Standard Flyer

FSA Flexible Spending Account A healthcare FSA lets you use tax-free money to pay for 1 eligible medical, dental, and vision expenses. So you spend less on the healthcare you need. FSA paycheck deductions are tax-free too, which helps reduce your taxable income. The more you contribute, the more you save. Access annual contribution amount on day one. Pay for your spouse and dependents too. Plan ahead because FSA funds eventually expire. Don’t tax your money. Spend tax-free. Max your money. There are thousands of eligible Get $20 tax savings for every $100 you contribute.2 expenses. Here are just few: FSA Tax-free • Medical • Dental • Vision No FSA Taxed • Pharmacy • Over-the-counter (OTC) medications FSA Contribution Limit3 • Mental health services $3,300 • Lab fees See how much you can save. HealthEquity.com/Learn/FSA 1 FSAs are never taxed at a federal income tax level when used appropriately for eligible healthcare expenses. Also, most states recognize FSA funds as tax deductible with very few 2 exceptions. Please consult a tax advisor regarding your state’s specific rules. | The example is for illustrative purposes only. Estimated savings are based on a maximum annual contribution and an assumed combined federal and state income tax bracket of 20%. Actual savings will 3 depend on your contribution amount and taxable income and tax status. | Contribution limit is accurate as of 10/22/24. Each fall the IRS updates the FSA contribution limits. For the latest information, please visit: HealthEquity.com/Learn | HealthEquity does not provide legal, tax or financial advice. Copyright © HealthEquity, Inc. All rights reserved. OE Standard FSA Flyer 10.28.2024