Flexible Spending Accounts (FSAs)

Flexible Spending Accounts (FSAs)

Flexible Spending Accounts (FSAs) help you save money on health care and dependent day care expenses. The FSAs are administered by HealthEquity.

Health Care FSA

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Dependent Care FSA

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What’s Ahead for 2026

Health Care FSA limits. The new, increased annual contribution limit for 2026 will be $3,400. Plan accordingly, as this is a use-it-or-lose-it benefit.
Dependent Care FSA limits. Good news — you can contribute up to $7,500 in 2026 to the Dependent Care FSA ($3,750 if you’re married and file separate tax returns). If you’re considered a highly compensated employee for 2025 and/or 2026, your contribution will be limited to $1,075 for the Dependent Care FSA in 2026.

Health Care FSA

With the Health Care FSA, you can pay for eligible medical, dental, vision, and hearing expenses not covered by another health plan. You can use the account for yourself, your spouse, and your eligible dependents. You can enroll in an FSA even if you don’t enroll in any other Conduent benefits.

How It Works

Know if it’s right for you. You can use the Health Care FSA if you are not enrolled in a Consumer Choice Plan or another high deductible health plan through your spouse/domestic partner. The Health Care FSA is not available in Puerto Rico.
Decide how much to contribute. The money is taken out of your paycheck before taxes.
- For 2026, you can contribute up to $3,400 per year.
- For 2025, you can contribute up to $3,200 per year.
Pay for eligible expenses. You can use your FSA debit card to pay for care. You can also pay the expense out of pocket and request reimbursement online. You have access to the full amount you contribute for the year upfront. Request reimbursement online at my.healthequity.com or through the HealthEquity app.

Eligible Expenses

The Internal Revenue Services (IRS) determines eligible expenses. For a complete list of covered expenses, visit irs.gov/publications/p502.

Eligible expenses include:

Copays, deductibles, and coinsurance
Dental expenses, such as orthodontia, crowns, and bridges
Vision expenses, such as LASIK eye surgery, glasses, and contacts
Prescription drugs
Certain over-the-counter medications to treat an illness or injury, such as pain relievers, antacids, allergy and sinus medicine, pain relievers, and cold medicine
Weight loss programs prescribed by your doctor to treat a specific medical condition
Stop smoking programs prescribed by your doctor to improve your health

Get the Tax Savings

When you use your FSA money for eligible expenses, you pay no taxes. But make sure you keep your receipts! If you’re asked to verify expenses and you don’t have the receipt, you’ll have to repay the expense — or it will become taxable income.

Dependent Care FSA

The Dependent Care FSA helps you save money on dependent day care expenses so you and your spouse can both work or attend school full-time. You can’t use the Dependent Care FSA to pay for a dependent’s health care expenses — it can be used for dependent day care expenses only.

How It Works

Know if it’s right for you. You can use a Dependent Care FSA if you have dependent day care expenses so you (and your spouse, if married) can work, look for work, or attend school full- time.
Decide how much to contribute. The money is taken out of your paycheck before taxes.
- For 2026, you can contribute up to $7,500 per year to the Dependent Care FSA ($3,750 if you are married and filed separate tax returns.
- For 2025, you can contribute up to $5,000 per year ($2,500 if you are married and file separate tax returns).
- If you’re considered a highly compensated employee for 2025 and/or 2026, your contribution will be limited to $1,075 for the Dependent Care FSA.
Pay for eligible expenses. You pay the expense out of pocket and request reimbursement online. You must have the money in your account before you can receive reimbursement. Request reimbursement online at my.healthequity.com or through the HealthEquity mobile app.

Eligible Expenses

You can use the Dependent Care FSA to pay for expenses for:

Your children under age 13 who qualify as dependents on your federal tax return
A spouse or unmarried child of any age who is physically or mentally incapable of self-support
Other family members who are physically or mentally incapable of self-support, who live with you for more than half the year, and who qualify as dependents on your federal tax return

Eligible expenses include:

Nursery schools
Licensed day care centers for children and disabled dependents
After-school care and services from a care provider (must be age 19 or older and not claimed as a dependent on your federal tax return)

For a complete list of covered expenses, visit irs.gov/publications/p503.

Learn More

Check out the Dependent Care FSA Guide for more details.

Know the Rules

Estimate carefully. Your FSA elections are effective from January 1 through December 31. You can’t change your election during the year or stop participating unless you have a qualified life event.
Re-enroll each year. FSA elections do not automatically continue from year to year — you must actively enroll each year.
Use it or lose it! You will lose any FSA money you don’t use by December 31 of each year. Claims for reimbursement must be postmarked by April 15 of the following year.
The accounts are separate. You can’t transfer money between the accounts or use the Dependent Care FSA to pay for health care expenses for your dependents or vice versa.
Keep your receipts. Make sure you keep your receipts in case you need to verify your purchase. Watch your email, home mail, and inbox on the BenefitWallet website to see if you need to submit receipts. If required documents are not received within 45 days of your transaction, you may have to pay taxes on these funds (and for the Health Care FSA, your debit card may be suspended).

Manage Your Account

Manage your account online at my.healthequity.com.