Flexible Spending Accounts (FSA)
About Your Benefits
Flexible Spending Accounts (FSA)
FSAs allow you to set aside funds on a pre-tax basis for any qualified medical, dental, vision, or daycare expense. There are three accounts available to you, the Healthcare FSA, Limited Purpose FSA, and Dependent Care FSA. Each October you make a new election to participate during the open enrollment period. Your new enrollment election becomes effective January 1.
Healthcare FSA
Healthcare FSAs allows you to be reimbursed for any qualified medical, dental, or vision expense not covered by insurance. Common expenses for the Healthcare FSA include Copays, prescriptions, eyeglasses, and dental services, including orthodontics. Up to $610 (2023) or $640 (2024) of your unused Healthcare FSA contributions may be carried over to the following calendar year.
Mass Transit FSA
A Mass Transit FSA allows reimbursement for qualified mass transit tickets or passes, or State of Kansas Vanpools. Unused contributions may be carried over to the following calendar year. For more information, review the Commuter Benefit Overview here of the FAQ here.
Parking FSA
A Parking FSA allows reimbursement for parking associated with your daily commute. Unused contributions may be carried over to the following calendar year. For more information, review the Commuter Benefit Overview here of the FAQ here.
Limited Purpose FSA
Limited Purpose FSAs allow you to be reimbursed for qualified dental or vision expenses. You are eligible to enroll if you participate in a Health Savings Account (HSA), Plan C, or N. Up to $610 (2023) or $640 (2024) of unused Health Care FSA contributions may be carried over to the following calendar year.
Carryover of up to $610 (2023) or $640 (2024) in unused Healthcare or Limited Purpose FSA Funds
FSA participants can carry over up to $610 (2023) or $640 (2024) of remaining FSA funds into the next plan year and those funds may be used for qualified medical expenses incurred during that year. This valuable feature gives you the flexibility to spend your FSA funds at a future date and reduces the likelihood that your unused funds will be forfeited. The carryover will not count against your annual election and your cumulative carryover balance from year to year cannot exceed $610 (2023) or $640 (2024). Remaining Health/Limited FSA funds will automatically be carried over to the type of FSA in which you are currently enrolled, as long as the balance is $25 or greater. If the balance is below $25, funds will not automatically carry over and will only be accessible during the run-out period. After the run-out period, any remaining balance will be forfeited.
NOTE: Non State Group members should check with their employer regarding the availability of FSA’s in their group.
Reminder: Dependent Care FSA funds do not roll over.
The deadline to submit your dependent care expenses against your 2023 Plan Year is April 30, 2024.
Dependent Care FSA
Dependent Care FSAs allow reimbursement when you have a dependent under the age of 13 or an adult dependent that is physically or mentally incapable of self-care. A Dependent Care FSA may be used to reimburse you for daycare expenses. Some common Dependent Care costs include daycare centers, before/ after school care, and adult daycare centers. There is a 75-day grace period, where you can continue to incur expenses up until March 15, 2024. The deadline to submit Dependent Care claims against your 2023 Plan Year balance is April 30, 2024. Funds in a Dependent Care FSA do not roll over to the following year. For more information, including tools and calculators, FAQs, eligible expenses, Direct Deposit forms, and more, visit www.MyKansasCDH.com.
Flexible Spending Account- State Employees ONLY
| HEALTH CARE FSA | LIMITED PURPOSE FSA Dental and Vision Only Plans C or N w/HSA |
DEPENDENT CARE | COMMUTER BENEFIT FSAs | |||||
|---|---|---|---|---|---|---|---|---|
| IRS Maximum Total | $3,200.00 | $3,200.00 | Family Maximum $5,000 - for 2024 |
Monthly maximum of $315 for each account. | ||||
| Payroll Deductions | Minimum | Maximum | Minimum | Maximum | Minimum | Maximum | Minimum | Maximum |
| Employee Bi-Weekly Payroll Deductions | $8.00 | $133.00 | $8.00 | $133.00 | $16.00 | $208.33 | $8.00 | $157.05 |
| Regent Academic Year Employee Payroll Deductions | $8.00 | $177.00 | $8.00 | $177.00 | $16.00 | $277.77 | $8.00 | $157.05 |
Employees that terminate coverage will have 90 days after the contributions end or employment is terminated to pay out claims that were incurred while coverage was active.
The maximum payroll deduction amounts listed are based on a 01/01 effective date.
2024 Resources
