A Medical FSA lets you use pretax dollars to pay for eligible out-of-pocket health care expenses like prescription & OTC drug costs, co-pays, dental & vision costs.
The FSA plan is offered annually during open enrollment.
The maximum annual account contribution for the 2026 plan year is $3,300 or $126.92 per pay period.
FSA debit cards are issued to anyone enrolling in the plan giving you the freedom to immediately pay for eligible expenses instead of waiting to be reimbursed.
It's valid through the expiration date printed on the front of the card.
Under the Affordable Care Act, the IRS “use it or loose it” rule allows plan participants to carry over up to $660 into the next plan year without losing their funds.
The "carryover" is available as long as you are actively enrolled in the FSA plan.
Employees have the Run-out period through March 31st of the following plan year to submit prior year claims.