HSA Resources

FSA Frequently Asked Questions

Below are some of the most commonly asked questions about FSAs. Click a topic and drill down to find the answer.

You can also find additional information in the Education Video Library.

Select a Category and then Select a Question.

• Eligibility and Enrollment

  • How do I enroll?

  • Do I have to keep the same election each year?

  • How do I contribute money to my health or dependent care FSA?

• Health FSAs

  • What is a Health Flexible Spending Account (FSA)?

  • Are insurance premiums an eligible expense?

  • Are over-the-counter (OTCs) drugs reimbursable?

  • If I terminate employment or retire, can I receive the remaining balance in my Health FSA?

  • If I terminate employment or retire can I be reimbursed for expenses incurred after my termination date?

• Dependent Care FSAs

  • What is a Dependent Care FSA?

  • Who is a qualified dependent under the Dependent Care FSA?

• Distributions

  • Can an adult be a qualified dependent?

  • Do I have to use a daycare facility?

  • Does my daycare provider have to be licensed?

  • Does my daycare provider have to be 18?

  • My child attends camp during the summer. Is this eligible?

  • When can I be reimbursed for dependent daycare expenses?

• Changing Your Election

  • What if I discover that I elected too much for the Health and/or Dependent Care FSA, can I change my election?

  • What is an IRS “Change in Status” that will allow me to change my FSA election?

  • If I elected too much in my Health FSA but not enough in my Dependent Care FSA, can I move money from one account to the other?

• Unused Funds

  • What happens if I don’t use all the money elected in my FSA?

• Submitting Claims for Reimbursement

  • How do I submit a claim for the Health or Dependent Care FSA?

  • May I submit expenses for my spouse and children for reimbursement through my Health FSA?

  • What supporting documentation must I submit with each Health FSA claim?

  • What supporting documentation must I file with each Dependent Care claim?

  • What happens if a claim exceeds the amount currently available in my Dependent Care FSA?

  • How do I know why my claim was denied?

  • Why may the amount of my reimbursement differ from the amount of my request?

Eligible Expenses?

Do you know which expenses are eligible for purchase with your FSA?.

Ready to Enroll?

If you've made the decision that an FSA is right for you, then contact your employer.

How much can I contribute?

The only way to get the maximum tax deduction for your FSA is to maximize your contributions.