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FSAFEDS Savings Calculator
This calculator will help you estimate your Flexible Spending Account contribution and potential annual tax savings. Your tax savings are based on marginal federal/state rates and FICA.


Please note: This calculator does not make any assumptions as to the total FICA paid for the current year. For 2014 the FICA limit is an annual income of $113,700 at this level, the savings calculator may show zero tax savings by participating in a Flexible Spending Account because FICA is not withheld. Please consult a tax professional in order to determine a more accurate estimate of your potential tax savings.

Note: By law, you will forfeit (lose) any money remaining in your FSA after March 15 of the following year for which you did not incur eligible expenses and that money will not be refunded to you. You have until April 30 of the following year to file claims for reimbursement of eligible expenses incurred. Plan carefully.

Enter amounts in whole dollars (no decimal point, comma, or dollar sign). For example, enter 500 for $500.00.


Salary and Tax Information
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Select your marital status:



Note: Your actual number of pay dates may be different depending on your agency's payroll cycle and when you enter the program.

Health Care Flexible Spending Account (HCFSA)
Note: Eligible expenses include those for you, your spouse and your dependents.
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Enter the amount you expect to pay during the Benefit Period for the following:
Note: Only expenses not covered by FEHB, other insurance, or any other source are eligible for reimbursement with an FSA.

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(Non-participating or non-network providers, visit or dollar maximums on services)
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Dependent Care Flexible Spending Account (DCFSA)
Note: DCFSA is intended for child care and certain elder care services, and does not cover any medical or health care costs for your dependents. See HCFSA above for budgeting for these expenses.
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Enter the following:

(daycare center, in-home care, after-school care)
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(daycare center, in-home care)
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