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Health flexible spending account (FSA)

Administered by: WEX Health

You set aside money for your health flexible spending account (FSA) from your paycheck before taxes are taken out, and use the funds for eligible health care expenses for you and your eligible family members.

Interested in saving for child or elder care expenses? Check out the dependent care FSA.

  • Full Full eligibility available
  • Mid Mid eligibility available
  • Core Core eligibility available
  • Retirees Retirees eligibility available

How to enroll

Newly hired employees, newly benefit-eligible employees and those experiencing a qualifying life event can enroll through their UCPath online account during their Period of Initial Eligibility.

You must re-enroll during Open Enrollment (from Oct. 31 to Nov. 22, 2024) if you want to continue participating. Enrollment does not continue automatically from year to year.

How the plan works

You contribute up to the IRS limit each year ($3,050 in 2024, increasing to $3,200 in 2025) to use for qualifying health expenses. Your FSA contributions are deducted from your paycheck before taxes are withheld, which reduces your taxable income and saves you money on taxes (depending on your situation).

Qualifying health expenses include your copays for doctor, dentist and optometrist visits, along with your costs for over-the-counter medications, sunscreen, menstrual products and more. Check out an alphabetical list of eligible expenses on the WEX website.

The Health FSA is a use-it-or-lose-it plan, but you may carry over a certain amount each year. You’ll lose any money over the carryover amount that you haven’t spent on eligible expenses by the end of the year, and claimed by the deadline.

The carryover amount for 2024 is $640, and the deadline to submit claims is April 15, 2025.  For 2025, the carryover amount is $660 and the deadline to submit claims is April 15, 2026.