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  2. General FSA FAQs

General FSA FAQs

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  • What is a Flexible Spending Account (FSA)?
  • How much can I contribute to an FSA?
  • What can I use my FSA funds for? 
  • How is my FSA funded?
  • What does it mean to substantiate an expense?
  • What are employer FSA substantiation requirements?
  • How can I make sure my FSA expense is not declined?
  • How can I use my FSA for Qualified Expenses?
  • Is an FSA tax-free?
  • Who can enroll in an FSA?
  • When can I enroll in an FSA?
  • Can I change my FSA contribution during the year?
  • What are the benefits of an FSA?
  • Do my FSA funds rollover at the end of the year?
  • What happens if I use my FSA for non-eligible items? 
  • What happens to my FSA if I leave my job? 
  • What are Medical (Healthcare) FSA, Limited Purpose FSA and Dependent Care FSA? 
  • Can I have more than one FSA?
  • How is an FSA different from an HSA?
  • Can I contribute to an FSA and HSA?
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