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Money

Tax-Advantaged Accounts

Save on eligible healthcare and dependent care expenses, tax-free.

Speed read

01

Set aside money from your paycheck before any federal and most state and local taxes are applied.

02

The Health Savings Account (HSA), Health Care Flexible Spending Account (FSA) and Limited Purpose FSA are for healthcare expenses.

03

The Dependent Care FSA is for childcare or elder care expenses so you can work.

Your account options

Who can open this account
How much you can contribute for 2026
What the money can be used for***
When the funds are available
What happens to unused money

HSA

Anyone enrolled in an HDHP medical plan (some additional eligibility requirements apply*)
Up to $4,400 for you only or $8,750 if you cover anyone else (prorated if you enroll mid-year**)
Eligible medical, dental and vision expenses, including annual deductibles, copays and coinsuranceCoinsuranceAfter you've met your annual deductible, this is your share of the bill. For example, if your plan covers 80%, you'll pay the remaining 20% of the cost of care.
Your money builds in your account each paycheck as contributions are made
Your HSA money is always yours — any balance left at the end of the year rolls over and stays invested

Health Care FSA

Anyone not enrolled in an HDHP medical plan, including teammates who have waived medical coverage
Up to $3,300
Eligible medical, dental and vision expenses, including annual deductibles, copays and coinsuranceCoinsuranceAfter you've met your annual deductible, this is your share of the bill. For example, if your plan covers 80%, you'll pay the remaining 20% of the cost of care.
The full balance you elect to save is frontloaded, meaning your full annual contribution is available on day one
Unused funds up to the IRS carry-over limit roll over and add to next year’s balance

Limited Purpose FSA

Only an option if you’re enrolled in an HDHP medical plan and contributing to an HSA
Up to $3,300
Until you reach your HDHP deductible, eligible dental and vision expenses only
Your money builds in your account each paycheck as contributions are made
Unused funds up to the IRS carry-over limit roll over and add to next year’s balance

Dependent Care FSA

Anyone
Up to $7,500 ($3,750 if married and filing separately)
Childcare for kids under age 13 (including before/after school programs) or care for an adult dependent
Your money builds in your account each paycheck as contributions are made
Any money remaining in your account at the end of the year is lost, so plan carefully

*You can't be enrolled in a non-HDHP medical plan, including Medicare, and your spouse can't be enrolled in a Health Care FSA (even through their employer). If your spouse is enrolled in Medicare, you can only contribute up to individual limits.

**If you begin contributing to an HSA in the middle of the year: the annual limit amounts assume you’re enrolled in an HDHP medical plan for the entire year. If you’re not, the amounts become prorated. If you contributed to an HSA at another company this year, those contributions count toward the annual limit.

***FSA funds can't be used for expenses for domestic partners and/or other dependents who don't qualify as tax dependents.

Why would I save in a Limited Purpose FSA if I am already saving in an HSA?

The Limited Purpose FSA is for dental and vision expenses only. By contributing to an HSA and a Limited Purpose FSA, you can reserve your HSA balance for medical expenses, rather than dental and vision expenses. The Limited Purpose FSA also allows you to access funds for dental and vision expenses in the beginning of the year rather than waiting until funds are available in your HSA.

Why would I want to save in an HSA?

It adds up

Whether you save or spend your HSA funds, a little can go a long way. Even contributing $25 a month helps you set aside $300 a year for healthcare expenses.

Triple-tax advantage

  • Any contributions you make from your paycheck are pre-tax.
  • Any money you use from your account for eligible expenses isn’t taxed.
  • You can invest your money once your HSA reaches $1,000 — any money you make on interest isn’t taxed.

Yours forever

Even if you leave Caliber or move to a different medical plan, the money in your HSA goes with you. So that means you have an emergency fund when you need it.

Frequently asked questions

Every dollar you contribute to your HSA or FSA is pre-tax — meaning you don’t pay taxes on it. That helps lower your taxable income each year and keeps more money in your pocket for everyday expenses.

If you’re enrolled in the HSA, Health Care FSA or Limited Purpose FSA, you’ll get a debit card from HSA Bank to pay for eligible expenses directly. If you’re enrolled in the Dependent Care FSA, you’ll pay out of pocket in most cases and submit receipts to get paid back. Save receipts for any purchases in case you need them.

Log in to your HSA Bank account anytime to check balances, contribution history, communications and claimClaimA bill submitted by a healthcare provider or by you to an insurance company to request payment for medical services or treatments received. status.

  • HSAs allow you to change your contribution amount at any time during the year.
  • FSAs require you to set the amount you want to contribute for the year while enrolling as a new hire or during Open Enrollment. You can only change your contributions during the year if you have a qualifying life event — like adding a dependent or changing jobs.

Get in touch

HSA Bank

Group Number: None
Caliber: Your Benefits At Work
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