See how an HSA is different from a Health Care Flexible Spending Account (FSA) below.
| Health Savings Account | Flexible Spending Account | |
|---|---|---|
| When to Use | You can use the HSA to pay for eligible medical, dental, and vision expenses under the Bronze or Bronze Plus coverage levels. | You can use the Health Care FSA to pay for eligible medical, dental, and vision expenses under the Silver or Gold coverage levels. |
| Contributions | You can contribute to your account before taxes. For 2026, the annual limits set by the IRS are $4,400 for individual coverage, and $8,750 for family coverage. If you’re age 55 or older (or will turn age 55 during the plan year), you can also contribute an additional $1,000 catch-up contribution. | You can contribute to your account before taxes, up to the $3,300 annual limit. |
| Fund Availability | You can use up to the total amount you have contributed to your HSA. | The total amount of your annual election is available at the beginning of the plan year. |
| Rollovers | Unused dollars roll over from year to year. The funds are always yours to keep, even if you leave the company or retire. | Unused dollars don’t roll over from year to year. |
| Earning Interest | The money in your HSA earns interest. | The money in your FSA does not earn interest. |
| Debit Cards | Yes, a debit card is available. | Yes, a debit card is available. |
| Investment Option | You can open an investment account when your balance reaches $1,000. | You cannot invest your FSA balance. |
