Office of Human Resources

FSA Type Comparison

Quick Overview

Action HealthCare FSA Limited Purpose FSA Dependent Care FSA
When can I enroll? During Open Enrollment Period for January 1 effective date or with a qualifying event. During Open Enrollment Period for January 1 effective date or with a qualifying event. During Open Enrollment Period for January 1 effective date or with a qualifying event.
Election contributions Tax free Tax free Tax free
Eligible expenses Eligible medical expenses, including dental and vision Eligible dental and vision expenses only Eligible dependent care expenses only
Requires employer to offer account? Yes Yes Yes
Who is eligible to enroll? Either (or both) spouse may open a healthcare FSA Either (or both) spouse may open an LPFSA Either (or both) spouse may open a DCFSA
On whom can you spend the funds? Yourself, your spouse, your eligible dependents Yourself, your spouse, your eligible dependents Eligible dependents
HSA compatible? No Yes Yes
Fund availability Full annual balance available on day one Full annual balance on day one Funds are available only as you make contributions
Fund expiration type Carryover Carryover Grace Period

2025 and 2026 Dates and Limits


Action Health Care FSA Limited Purpose FSA Dependent Care FSA
2025 Max contribution amount $3,300 $3,300 $5,000
2025 to 2026 Year end limit $660 $660 unclaimed up to contribution amount
2025 Plan year end 12/31/2025 or end of employment or eligibility date. 12/31/2025 or end of employment or eligibility date 3/15/2026 or end of employment or eligibility date
2025 Claim it by (last day to submit receipts) 4/30/26 4/30/26 4/30/26
2026 Max Contribution Amount $3,400 $3,400 $7,500
2026 to 2027 year end limit $680 $680 unclaimed up to contribution amount
2026 Plan year end 12/31/2026 12/31/2026 3/15/2027
2026 Claim it by (last day to submit receipts) 4/30/2027 4/30/2027 4/30/2027