Frequently Asked Questions

Frequently Asked Questions

What is an FSA or HSA?

An HSA (or Health Savings Account) is a medical savings account of pre-tax dollars. The account allows you to set aside a portion of your wages to pay for health and wellness expenses. At the end of the year, any unused amounts may be rolled over to subsequent years.

An FSA (Flexible Spending Account) is similar to an HSA with a few key differences. Those with this type of coverage must use the funds in their account or they will expire at the end of the year. Learn more about FSA glasses purchases.