A healthcare flexible spending account (FSA) gives you a tax break on eligible medical, dental and vision expenses that are not covered by other plans.

A healthcare FSA can help you save money on eligible healthcare expenses and lower your taxable income. By anticipating your expenses and arranging for deductions to be made from your paycheck each pay period, you lower your tax bill. In 2022, you can set aside up to $2,750 on a pre-tax basis.

Important

IRS rules do not allow you to contribute to a healthcare FSA if you are contributing to a health savings account (HSA). If you enroll in the HSA Plan or the Kaiser CA High Deductible HSA Plan for 2022, you will not be able to select a healthcare FSA in 2022.

If you have a healthcare FSA balance on 12/31/21, in order to carry over your balance into 2022 you must select the 2022 healthcare FSA during Open Enrollment and select a 2022 medical plan that does not include an HSA or waive medical coverage.

FSAs are administered by Optum Financial.

www.optum.com/financial
877-292-4040