Flexible Spending Accounts are a great way to save money on out-of-pocket medical
expenses. By using pre-tax dollars, you are essentially saving 30% on your eligible
medical, pharmaceutical, dental and eye care costs! The only challenge is figuring
out how much money to set aside. We’re here to help! This handy FSA Calculator will
help you estimate your health spending for the year so you can make an informed
decision and take maximum advantage of your FSA. If you’re wondering what kinds
of products and services are FSA eligible, browse the thousands of items on our
site, or check our services section.*
To start, please enter the following information about yourself. Your privacy is
important to us, the information you input throughout this tool will not be recorded
or stored by our system, nor will it ever be shared with a third party.
Enter your annual income. If you are married and filing your taxes jointly, enter
your combined annual household income. This will be used to determine your federal
income tax bracket, and calculate your annual savings.
*Be mindful that your employer may set limits on your maximum annual contribution,
as well as which products and services are FSA eligible, so please check with your
employer’s benefit representative before making a final decision.