Flexible Spending Accounts
Healthcare Flexible Spending Account (FSA)
A Healthcare Flexible Spending Account (FSA) allows you to set aside pre-tax dollars to pay for qualified healthcare-related expenses, which includes medical, dental, vision and prescription drugs. Learn more:
How Does an FSA Work?
IMPORTANT NOTE: The Healthcare FSA is only available to you if you have waived medical coverage. It cannot be used if you are enrolled in an HSA-compatible high-deductible health plan.
HealthEquity is Newell Brands Healthcare Flexible Spending Account partner. Go to WellAtNewell.com for more information.
Important Details
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You must re-enroll in an FSA each year during annual enrollment.
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You may contribute from $120 to $3,200 annually
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FSA is "use it or lose it". Any outstanding balances in your Health Care Flexible Spending Account will expire December 31 of the plan year. These funds won't rollover to the next plan year.
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You have until March 31 of the year after the plan year to submit claims for expenses incurred through December 31 of the plan year.
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Healthcare Flexible Spending Account contributions cannot be changed during the plan year unless you experience a Qualified Life Event, such as the birth of a child or marriage.
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Funds are available on January 1 of the plan year if you are a current employee. If you are a new hire, your money will be available once your benefits become effective.
Limited Purpose Flexible Spending Account (LPFSA)
A Limited Purpose FSA allows you to set aside pre-tax dollars to pay for qualified dental and vision expenses. You may enroll in a Limited Purpose FSA if you are enrolled in any Newell Brands medical plan. Learn more:
What is an LPFSA?
Important Details
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You must re-enroll in an LPFSA each year during annual enrollment.
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You may contribute from $120 to $3,200 annually
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Your Limited Purpose FSA is "use it or lose it". Any outstanding balances in your Limited Purpose FSA will expire December 31 of the plan year. These funds won't rollover to the next plan year.
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You have until March 31 of the year after the plan year to submit claims for expenses incurred through December 31 of the plan year.
Want to learn more?
Visit HealthEquity or download the Sydney Health App

Examples of FSA eligible expenses:
- Medical and dental plan deductibles, copays and coinsurance
- Prescription drug copays and coinsurance
- Certain over-the-counter drugs with a prescription
- Vision expenses
Note: LPFSA expenses are specific to dental and vision only.
Refer to IRS Publication 502 for a full list of eligible expenses.