How to enroll in an FSA

If your employer offers flexible spending accounts (FSAs), you may enroll for these accounts when you are first eligible. You also may choose to waive participation.

• The healthcare FSA and dependent care FSA are different accounts that require separate enrollment elections and contributions.
• You may elect to participate in either or both types of FSAs.

Your employer will tell you how to make your elections and will work directly with HealthEquity, the FSA administrator, to set up your contributions through payroll deductions.

You also may enroll or change the amount you contribute to your FSA during Annual Enrollment in the fall. Midyear changes to your elections typically are not allowed unless you have a qualifying life event, such as a marriage or birth of a child.

Once enrolled, you will receive a welcome packet from HealthEquity with your credentials to access your account on the HealthEquity member portal. If you enroll in the healthcare FSA, your account may come with a Visa healthcare debit card depending on how your employer has set up these accounts with HealthEquity. If a debit card is available to you, it will be mailed to you, along with your login credentials, from HealthEquity.

Note: Enrollment in FSAs does not carry over from year to year. You must elect to participate annually and designate the amount you wish to contribute to each type of FSA, as applicable, for the year.