Smart Ways to Save
Tax savings accounts let you set aside pre-tax dollars for eligible expenses, helping you save while planning for life’s needs. It’s one more way AdventHealth supports your whole health—mind, body, and wallet.
Tax Savings Accounts
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Medical Flexible Spending Account
Use pre-tax dollars for eligible medical expenses like copays, prescriptions, and more. It’s a simple way to save while covering everyday health needs.
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Child/Eldercare Flexible Spending Account
Plan ahead for life’s responsibilities. Use pre-tax dollars for childcare or elder care expenses, helping you balance work and family with less financial stress.
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Health Savings Account
If you’re enrolled in a High Deductible Health Plan (HDHP), an HSA is your triple-win:
- Contribute pre-tax dollars
- Grow your savings tax-free
- Spend tax-free on eligible health expenses
Plus, your HSA funds are yours to keep—even if you change jobs or retire.
Make the Most of Your Accounts
Your tax savings accounts are powerful tools—here’s how to get the most out of them:
- Start early: Contribute as soon as you can to maximize tax benefits.
- Plan ahead: Estimate your eligible expenses for the year.
- Know your deadlines: FSA funds must be used by year-end, while HSA funds roll over.
Your Questions Answered
- What’s the difference between an FSA and an HSA?
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- FSA is available to all eligible employees, funded pre-tax, and expires each year.
- HSA requires a High Deductible Health Plan, and funds roll over—plus, it’s portable if you leave AdventHealth.
- What happens if I don’t use all my medical FSA funds?
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You’ll need to spend your medical FSA dollars by December 31. You have until March 31 to submit receipts for those expenses. If you still have money left, up to $660 will automatically roll over at the end of April . Any amount above $660 will be forfeited under the “use it or lose it” rule.
- Can I change my HSA contribution mid-year?
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Yes! Unlike FSAs, you can adjust your HSA contributions anytime during the year. It’s flexible—so you can save more when you’re able.
- Do I need to submit receipts for eligible expenses?
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For FSAs, yes—you’ll need to provide documentation for reimbursement. For HSAs, keep receipts for your records in case of IRS verification, but you don’t need to submit them for payment.
- What are the 2026 contribution limits?
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For 2026, the IRS limits are:
- Medical FSA: up to $3,400 (with $680 rollover)
- Dependent Care FSA: up to $7,500 per household ($3,750 if filing separately)
- HSA: up to $4,400 for self-only or $8,750 for family coverage
- What happens if I leave AdventHealth?
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Your HSA funds go with you. FSA funds cannot be carried over when employment ends.
Manage your accounts easily with the Optum Financial app
From innovative financial solutions to personalized support and guidance, our app helps you make the most of your account benefits anytime, anywhere (data rates may apply):
- Check your balance.
- Pay a bill or submit a claim.
- Manage your contributions.
- Scan items in store to check eligibility.
- Get account support.
