General FSA FAQs
Frequency Asked Questions
- 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?