Flexible Spending Accounts (FSAs) allow you to pay for eligible healthcare and dependent care expenses with pre-tax dollars. The FSAs provide tax savings because you are not taxed on the money used to pay for such expenses. For details about this benefit, review the
Flexible Spending Account SPD.
Access your FSA account by logging on to
mybluesky.depaul.edu, HealthEquity-WageWorks Transit/FSA tile.
Healthcare Flexible Spending Account
A Healthcare FSA allows you to set aside money on a pre-tax basis to pay for qualified out-of-pocket medical, dental, vision or hearing expenses that are not covered by insurance.
Healthcare FSA is an independent pretax spending account for medical expenses. It is different from the
Health Savings Account (HSA), which is a pretax savings account only available to employees enrolled in the Consumer Driven Health Plan (CDHP) medical plan. The 2024 Healthcare FSA limit is $3,200.
Dependent Care Flexible Spending Account
A Dependent Care FSA allows you to pay for eligible child or adult care expenses on a pre-tax basis. Eligible expenses can be submitted for dependent children under the age of 13 or for a spouse or other adult dependent who is not able to take care of him or herself. The 2024 limit Dependent Care FSA limit is $5,000.
If you have questions about your Flexible Spending Account (FSA), contact HealthEquity/WageWorks by calling (877) 924-3967 or visit the
website.