A Flexible Spending Account is an employee benefit that allows you to set aside money from your paycheck, pre-tax, to pay for healthcare and dependent care expenses. Unlike a Health Savings Account (HSA), an FSA is not administered by your health insurance. However, it can still help you save money on income taxes.
You can enroll in an FSA if you are currently eligible for enrollment in a Federal Employees Health Benefits (FEHB) program.
There are three types of Flexible Spending Accounts:
Any NIH employee who is not temporary, seasonal, or intermittent
$5,000 per household or $2,500 if married but filing separately
For questions regarding types of FSAs, use-or-lose limits, or how to enroll, see the FSAFEDS website. You can also call an FSAFEDS Benefits Counselor at 1-877-372-3337, (TTY: 1-800-952-0450), Monday through Friday, 9:00 a.m. until 9:00 p.m., EST.