HSA & FSA, What’s the Difference?
HSA with Avidia Bank
If you enroll in the HDHP Plan you have access to an HSA account to help you save pre-tax for your expenses, unlike an FSA any leftover funds will roll over to future years are are yours when you leave the company.
HSA Enrollment Packet
Medical FSA
Set aside up to $2,850 pre-tax to pay for medical expenses. All funds must be used before the end of the year
Dependent FSA
Set aside up to $5,000 pre-tax to pay for dependent care expenses. All funds must be used before the end of the year
Transit FSA
Set aside up to $280 per month pre-tax to pay for public transportation expenses. All funds must be used before the end of the year