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Enrolling in an FSA

In order to enroll in an FSA, the account must be offered through an employer. Your employer or benefits administrator will guide you through enrollment. As part of this enrollment, you'll need to elect the amount of funds you want to set aside for the plan year. You can find guidance for determining how much to set aside on this page.

How to enroll

Your employer may ask you to fill out your FSA elections in an employee benefits system, or you may be provided a form to fill out for enrollment. If you need the FSA enrollment form, you can find one at the bottom of this page.

Determining your election amount

When you choose an FSA, you will be required to indicate the amount you want to set aside for this year. The IRS sets limits on how much you can contribute to an FSA each year.

  2022 2023
Maximum contribution limit $2,750 $2,850

Keep the following in mind:

  • Your entire election amount is available to you at the start of the plan year, even if you haven't contributed funds from your paycheck yet. This means that if you have medical expenses early on, you can use your funds in advance to pay for them.
  • Any unused funds in your account at the end of the plan year will be forfeited, unless your plan has a rollover option. In this case, up to $570 can be rolled forward. Talk to your employer or benefits administrator to see if this is available to you.
  • You cannot change your election amount throughout the year, unless there has been a qualifying life event

Due to the COVID-19 relief bill signed in December 2020, employers have new options for the 2020 and 2021 plan years regarding unused FSA funds.

FSA Rollovers: Plans may permit unused funds in medical or dependent care FSA plans to completely rollover from 2020 into 2021, and 2021 into 2022. If this option is chosen, the standard $550 rollover max will not apply for these plan years.

FSA Grace Period: Plans may permit a 12-month grace period for unused benefits for plan years ending in 2020 or 2021.

FSA Election Changes: Plans may allow members to make a midyear election change without a corresponding life change event.

It is the organization's choice whether to enroll in any of these temporary options. Please contact your employer to determine whether these options are available to you.

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