|
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 |
| Max contribution amount |
$3300 |
$3300 |
$5000 |
| 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 |
| Fund expiration type |
Carryover |
Carryover |
Grace Period |
| Claim it by |
4/30/26 |
4/30/26 |
4/30/26 |