Helping Federal Employees and Annuitants Understand Their Benefits

 

Federal Flexible Spending Account Program

FSAFEDS



Newsletter Sign Up

Retirement Assistance

Now Available

Take Charge of Your Federal Career - 2nd Edition

ORDER ONLINE

Also available at bookstores

Job Search

Retired?
Job Options

what
job title, keywords
where
city, state, zip
jobs by job search

Post a Job

Updated 3/7/2015

Under the IRS Code, annuitants (other than re-employed annuitants whose employment status is full-time) cannot participate in an FSA. An FSA is a way to set aside part of your salary "before taxes" for payment of eligible expenses. An annuity is not considered salary.

If you're an employee who works for an Executive branch agency or an agency that has adopted the Federal Flexible Benefits Plan ("FedFlex"), you can elect to participate in the Federal Flexible Spending Account Program (FSAFEDS).

FSAFEDS offers three different flexible spending accounts (FSAs):  a health care flexible spending account, a limited expense health care flexible spending account, and a dependent care flexible spending account.

Eligible employees can enroll in FSAFEDS each year during the Federal Benefits Open Season (the November/December timeframe).  Open Season enrollments are effective January 1 of the following year.  Current enrollees must remember to enroll each year to continue participating in FSAFEDS.  Enrollment does NOT carry forward year to year.

New and newly eligible employees who wish to enroll in this program must do so within 60 days after they become eligible, but before October 1 of the calendar year. For further information, visit www.FSAFEDS.com or call 1-877-372-3337. TTY 1-800-952-0450.

 

Horizonal bar

Eligibility

If you are eligible for the Federal Employees Health Benefits (FEHB) Program and are an active employee of the Executive Branch or of another agency that participates in FSAFEDS, you are eligible to participate in a health care FSA with FSAFEDS. You need only be eligible to participate in FEHB, you do not need to be currently enrolled.

There is no household limit on the amount of money that you can set aside for a HCFSA or LEX HCFSA, although the FSAFEDS limit per Federal employee is $5,000 ($10,000 for a "Federal couple"). If your spouse is not a "Fed", and has access to an FSA, he or she may enroll up to the maximum of his or her own company's health care account.

A LEX HCFSA is for employees enrolled in a Federal Employees Health Benefits (FEHB) Program High Deductible Health Plan (HDHP) with a Health Savings Account (HSA), or whose spouse is enrolled in a non-FEHB HDHP with an HSA. The LEX HCFSA is limited to eligible dental and vision expenses only. Under IRS rules, you are not eligible to contribute to an HSA and be enrolled in a FSAFEDS general purpose HCFSA at the same time. 

Under the IRS Code, annuitants (other than re-employed annuitants whose employment status is full-time) cannot participate in an FSA. An FSA is a way to set aside part of your salary "before taxes" for payment of eligible expenses. An annuity is not considered salary.

Enrollment

Eligible employees can enroll in FSAFEDS each year during the Federal Benefits Open Season (the November/December timeframe). Open Season enrollments are effective January 1 of the following year. Current enrollees must remember to enroll each year to continue participating in FSAFEDS. Enrollment does NOT carry forward year to year. 

Resources

 

Back to Top
Back to Benefits Menu
Back to Home Page