WHAT IS A HEALTHCARE FLEXIBLE SPENDING ACCOUNT (FSA)?

An account which you may set aside pre-tax dollars to pay for out-of-pocket healthcare expenses. The healthcare account may be used for non-reimbursed medical, dental, and vision expenses such as copayments, prescriptions, etc.

HOW DO THESE SPENDING ACCOUNTS WORK?

The amount you elect is deducted from your paycheck and stored in your account until you need it. You can request reimbursement by using your debit card at the time of purchase, filing your claims online, or submitting paper claims along with your receipts to AmeriFlex. A check will be sent to you for qualified expenses you have incurred and paid out-of-pocket.

For 2025, you may contribute up to $3,300 in your healthcare account and for 2026, you may contribute up to $3,400.

Healthcare FSA Rollover for 2025 – up to $660. Rollover will show in your account after the runout period ends (April).

  • Contribution limits

    A Health Care FSA allows you to save money on a before-tax basis for eligible health care expenses.

    2025: $3,300 annual maximum
    2026: $3,400 annual maximum

  • Claim deadline

    Use 2025 funds from January 1, 2025 through December 31, 2025. File claims by March 31, 2026.

  • “Use it or lose it” rule apply?

    If you don’t use the money in your Health Care FSA by the end of the plan year you will lose it. Estimate your expenses carefully.

    Yes.

  • Unused funds carry over?

    Some plans allow you to carry over up to $500 to use the following year. (Unused funds in excess of $500 will be forfeited.) If your plan does not allow the $500 carry over, all dollars remaining in your account at the claim deadline will be forfeited.

    up to $660

  • What expenses are eligible?

    Generally, eligible expenses include medical, prescription drug, dental and vision deductibles, copays and your portion of coinsurance. A complete list can be found at www.irs.gov, Publication 502.

    See www.irs.gov, Publication 502.

  • Can I invest the money in my account?

    Yes.

Health Care FSA Plan

Provider: Ameriflex

Phone: 888-868-3539

Website: https://myameriflex.com/