Flexible Spending Accounts Watch This FSA Video to Learn 1 Flexible Spending Accounts (FSA) are set up to pay for many of out-of- More pocket medical expenses with tax-free dollars. The FSA account holder GENERAL sets aside a pre-tax dollar amount for the year used to pay for medical PURPOSE FSA expenses. Unused FSA funds can expire at the end of the year. 2025 IRS maximum for FSA is $3,300 and dependent care is $5,000. General Purpose FSA 1 An FSA is an alternative to an HSA. FSAs are typically paired with a PPO plan while an HSA is paired with an HDHP. HSA funds can 2 be used on various medical, dental, and vision related expenses. View Eligible Expenses DEPENDENT CARE ACCOUNT Dependent Care Account (DCA) 2 A DCA is a tax-free spending account for dependent care expenses such as daycare, preschool, or day camps for any dependent under the age of 13 or who is physically or mentally incapable of self-care. Learn More About Your DCA