Flexible Spending Accounts
This webpage is now closed. Please visit the current Open Enrollment website for current Open Enrollment information.
If you have questions about your benefits or would like to make changes to your benefits outside of the Open Enrollment period and due to a qualified life event, please contact the HR Solution Center at AskHR@virginia.edu.
The Flexible Spending Account (FSA) and Limited FSA offered by the University help UVA employees financially prepare for medical, pharmacy, dental and vision expenses.
A Dependent Care Reimbursement Account can be used for eligible expenses incurred by children under the age of 13 for daycare costs to be paid on a pre-tax basis or for daycare of a spouse or dependent that are unable to take care of themselves due to disability.
Takeaways
FSA minimum ($120) and maximum ($2,500 for Full or Limited FSA, $5,000 for DCA) contribution amounts remain the same for 2024 as they were for 2023.
2023 elections for FSAs will NOT carry over to 2024. You must re-elect the FSA in Workday during Open Enrollment. If you do not, you will not have access to an FSA in 2024.