Using a Flexible Spending Account (FSA) is like getting a discount on everyday health and/or dependent care expenses because you’re paying with tax-free money.

H&R Block offers three different types of tax-advantaged FSAs:

  • Health Care FSA
  • Dependent Care FSA
  • Limited Purpose FSA

Getting Started

You will receive a debit card from HealthEquity when you enroll in a Flexible Spending Account. To access and manage your account, go to the HealthEquity site.

Health Care FSA Dependent Care FSA Limited Purpose FSA
Who’s eligible?
Associates who don’t open an HSA, including associates who do not enroll in a medical plan All associates Associates enrolled in an HSA
Contribution limits for 2022
Up to $2,850 Up to $5,000 ($2,500 if married and filing separately) Up to $2,850
Use this account for…
  • Deductibles, coinsurance and copayments for medical, dental and vision care
  • Prescription drugs
  • Over-the-counter medications
  • Eye exams, glasses, contact lenses and solution, and sunglasses when prescribed for a medical condition
  • Hearing exams and hearing aids
  • Lasik surgery
  • Orthodontia
  • Menstrual care products
  • Personal protective equipment (PPE) — e.g., masks
  • And more
  • Licensed nursery school and child care centers
  • Private day care providers and nannies
  • Licensed care for disabled dependents
  • Care for an elderly parent whom you claim as a dependent on your tax return and whom resides in your home for at least half of the year
  • Education expenses for a child not yet in the first grade, such as day care center expenses
  • Fees for special camps if the camp also serves as day care for your eligible dependent
  • And more
  • Deductibles and coinsurance for dental and vision care
  • Eye exams, glasses, contact lenses and solution, and sunglasses when prescribed for a medical condition
  • Lasik surgery
  • Orthodontia
  • And more
Deadlines for reimbursement for expenses incurred in 2022
  • Eligible expenses must be incurred by Dec. 31, 2022
  • Claims must be submitted by April 30, 2023
  • You forfeit any remaining balance after April 30, 2023
How to get reimbursed
  • Use your Health Care FSA debit card
  • Submit a personalized claim form and upload receipts online through your HealthEquity account
  • Use the HealthEquity EZ Receipts mobile app to submit receipts
  • Submit a personalized claim form and upload receipts online through your HealthEquity account
  • Use your Limited Purpose FSA debit card
  • Submit a personalized claim form and upload receipts online through your HealthEquity account
Four Things to Know About FSAs
feature image
Enroll if you want to participate.

You must enroll in an FSA each year in which you want to participate. Your enrollment will not roll over from year to year.

Unused money does not carry over at the end of each year —

use it or lose it.

Your entire annual contribution amount is available to you

from the beginning of the plan year.

Save your receipts.

It is important to keep your receipts. You may be asked to provide them as documentation to verify a claim.