fsa-tools

Office of Labor Relations


Employee Asst Pgrm Flex SpendingMgmt Benefits VDC Program

FSA Videos
Worksheets and Calculators
DeCAP
HCFSA
MSC Health Benefits Buy-Out Waiver
MSC Premium Conversion
FSA Forms and Downloads
FSA Frequently Asked Questions
Email FSA

FSA Videos

Worksheets and Calculators

DeCAP

HCFSA

MSC Health Benefits Buy-Out Waiver

MSC Premium Conversion

FSA Forms and Downloads

FSA Frequently Asked Questions

Email FSA


Flexible Spending Accounts Program

Please note that the goal amounts indicated in this video are effective for Plan Year 2024.

Worksheets and Calculators

Worksheets

The worksheets are designed to assist you in estimating your annual dependent care and health care expenses for the FSA Plan Year.

When estimating your expenses, be conservative. Keep in mind the “Use It or Lose It” rule. (Federal regulations require that you use the entire amount in your DeCAP or HCFSA account by the end of each Plan Year (December 31st). If you do not use the entire amount you allocate to your DeCAP or HCFSA account, you forfeit the unused balance. This is referred to as the "Use It or Lose It" rule.)

The worksheets can help you determine how much to contribute to your DeCAP or HCFSA account by comparing your projected Plan Year's expenses to your prior year's actual expenses.

Calculators

The calculators will help you in estimating your potential tax savings.

By entering your tax withholding and paycheck information, you will be able to compare your tax savings with and without a DeCAP or HCFSA account.

Dependent Care Assistance Program

DeCAP Worksheet

DeCAP Calculator

Healthcare Flexible Spending Account Program

HCFSA Worksheet

HCFSA Calculator