Open enrollment resources
Unlock Tax-Free Healthcare Savings
FSA and HSA accounts let you set aside pre-tax dollars for eligible healthcare expenses. Knowing how each account works can help you make informed choices during open enrollment.
FSA
Typically employer-sponsored. The full annual election is generally available at the start of the plan year. Use-it-or-lose-it rules may apply, with a carryover or grace period if your plan permits.
HSA
Available to eligible people with a qualifying high-deductible health plan. Funds roll over, may earn interest, and stay with you when you change jobs.
Common eligible expenses
- Copays, prescriptions, urgent care, and therapy
- Glasses, contacts, dental care, and exams
- Eligible over-the-counter medicines and health supplies
- Certain diagnosis-specific care coordination, complex care management, and patient advocacy or navigation services
Eligibility varies by plan and circumstances. Advocacy services are not automatically eligible; check with your plan administrator and a qualified tax professional before using FSA or HSA funds.
