Flexible Spending Accounts (Health Care and Dependent Care)

There are three types of FSAs, all administered by WEX:

• Health Care FSA (HCFSA)
• Limited-Purpose Health Care FSA (LP HCFSA)
• Dependent Care FSA (DCFSA)

The HCFSA is a tax-advantaged account that lets you pay for eligible medical, dental and vision expenses. The LP HCFSA is only for eligible dental and vision expenses. For your HCFSA or LP HCFSA, you may roll over up to 20% of unused funds from one year to the next.

DCFSAs let you pay for eligible home or daycare expenses for qualifying dependents. You are eligible for a DCFSA if you, and your spouse if applicable, are working or looking for work or in school full time. Consult with a tax advisor for more information.

For the HCFSA, LP HCFSA and DCFSA, your 2026 election is set at waived. If you wish to have any FSA in 2026, you must make an active election and state your annual contribution. You cannot make a change during the year unless you have a qualifying life event. For claims you incur during the year, your claim submission deadline is no later than 90 days after the end of the year.

To pay for an eligible HCFSA, LP HCFSA or DCFSA expense, use your WEX Card or submit a receipt for reimbursement.