WageWorks HSA-Compatible FSA with Carryover
If you’re enrolled in a qualified high-deductible health plan and have a Health Savings Account (HSA), you can maximize your savings with a WageWorks® HSA-Compatible Flexible Spending Account (FSA). This pre-tax benefit account gives you the long-term savings power of an HSA and lets you use a Healthcare FSA specifically for this year’s eligible out-of-pocket dental and vision expenses.
Because a WageWorks HSA-Compatible FSA with Carryover lets you carry over up to $500 in account balances from one plan year to the next, there’s virtually no “use it or lose it” risk. So there’s no reason not to take advantage of the tax savings this year—and every year.
“I get the best of both worlds with my WageWorks HSA-Compatible FSA. I save on this year’s dental and vision expenses, and I save for my future healthcare expenses with my HSA. And I use one convenient payment card for both accounts. And I carry over $500 in my account from one year to the next, so there’s virtually no risk of losing my hard-earned money. I’m definitely re-enrolling this year!”
- A happy WageWorks HSA-Compatible FSA participant
Why You Need It