Medical Reimbursement Account (FSA)
The University offers a Medical Reimbursement Flexible Spending Account (FSA) administered by HealthEquity. This account allows you to set aside pre-tax dollars to pay for qualifying medical, dental, and vision expenses for you and your eligible dependents.
Please note: You cannot participate in the Medical Reimbursement FSA if you are enrolled in the High-Deductible Health Plan (HDHP) and contributing to a Health Savings Account (HSA).
Key Features:
- Use pre-tax dollars to pay for IRS-approved health care expenses, including medical, dental, and vision
- You can contribute up to $3,300 annually for eligible health care expenses in 2026
- Participants will receive an FSA debit card for easy access to funds
- Funds can be used for expenses incurred between January 1 and December 31 of each year
- All claims must be submitted by March 31 of the following year
Carryover Rules:
- Up to $660 of unused funds may carry over into the next plan year (2026)
- Carryover funds will not be available to use until the runout period has ended for the prior year’s plan claim submission deadline of March 31st.
- Carryover funds will only be available for use through December 31st of the following year
- If you enroll in an HSA, any remaining FSA balance will be forfeited, and carryover will not apply
These flexible spending accounts can help reduce your taxable income and increase your take-home pay by allowing you to use pre-tax dollars for important health and dependent care expenses.
Enroll
To enroll in the Medical Reimbursement FSA, log into Workday.
Contact Health Equity
1-866-346-5800