Flexible Spending Accounts
Full Purpose FSA (for those who are not enrolled in the CIGNA Choice Fund Open Access Plus HSA) – The full purpose Healthcare Spending Account helps pay for medical expenses including Health/Dental/Vision deductibles, co-insurance and co-payments, prescriptions, vision care, including glasses, other dental expenses, including orthodontia, and certain over-the-counter medications. The Healthcare Spending Account Limit is projected to be $3,300 per year in 2025.
Limited Purpose FSA (for those who are enrolled in the CIGNA Choice Fund Open Access Plus HSA) – The limited purpose Healthcare Spending Account helps pay for dental and vision expenses including deductibles, co-insurance and co-payments, glasses, other dental expenses, orthodontia, and certain eligible over-the-counter medications. The Healthcare Spending Account Limit is projected to be $3,300 per year in 2025.
Dependent Care Account The Dependent Care Spending Account provides tax relief for childcare costs for children up to age 13 and adult daycare. Your “careworker” must have a social security number or a tax ID number. The Dependent Care Spending Account maximum is $5,000 per year.
