Human Resources » Flex Spending Account - Optum

Flex Spending Account - Optum

Why Open a FSA and How it Works:

The Internal Revenue Code permits certain type of employers to offer its employees the opportunity of saving money through the use of Pre-Tax Dollars to pay for non-reimbursed health care expenses and/or dependent care expenses.


Most of your eligible FSA expenses can be paid using the pre-paid card that will be issued to you.  For expenses where you are unable to use the card, manual claim forms are available for reimbursement.  Manual claims will continue to be paid to you via direct deposit into your bank account.    


The federal government expanded the products that you may purchase with your FSA.  Over the Counter (OTC) medications and menstrual products may be purchased with the FSA. For a full list of eligible expenses, see the IRS Pub 502 below. 


Contribution:   The maximum amount you can contribute for the plan year to your FSA account for health care expenses is $3,200 and Dependent Care is $5,000. 


Rollover Amount: IRS rules now allow a carry over of a maximum of $610 of unused health care FSA contributions from the 2023-2024 plan year to the 2024-2025 plan year, and $640 from the 2024-2025 plan year to the 2025-2026 plan year.


Deductions: FSA deductions are made over a 26 pay period basis for employees paid year round.  Employees who are not paid year round will have deductions made from October 2019 through June 2020.  


How to Enroll:

Enrollment in the FSA must be done annually during Open Enrollment. The Enrollment form is sent via email in the form of a google form. The direct deposit forms are attached below.  


Everyone must complete an annual enrollment form and direct deposit form regardless of whether you participated in an FSA the prior year.   

FSA Enrollment is only available during the District's open enrollment period.  FSA Elections must be submitted to Jenien DeSilvis in Human Resources by the required Open Enrollment Deadline or it will not be processed.