2026 Benefits Open Enrollment is November 3-14, 2025. Click here for more information!
Flexible Spending Accounts (FSAs)
A Flexible Spending Account (FSA) allows you to pay for eligible out-of-pocket medical and/or dependent care expenses with pre-tax dollars (an estimated savings of 15-40% depending on your tax bracket). Health care expenses can quickly add up; and dependent day care or elder care expenses can be even more expensive. An FSA lets you pay these expenses with pre-tax dollars. This means that the money you set aside is subtracted from your taxable income so that you are not taxed on what you contribute.
Each year that you would like to participate in the FSAs, you must re-enroll and elect the amount you want to contribute to either or both of the FSAs.
Your contributions will be deducted from your monthly paychecks and deposited into your FSA account(s).
| 2025 Contribution Limit | 2026 Contribution Limit | |
| Health Care FSA | $3,300 – Per Individual | $3,400 – Per Individual |
| Dependent Care (Daycare) FSA | $5,000 – Per Household | $7,500 – Per Household |
Health Care FSA
Eligible expenses for the Health Care FSA include medical, dental, and vision expenses not covered by health care plans, including (but not limited to):
- Copays and deductibles
- Hearing aids and exams
- Physical therapy
- Chiropractors
- Acupuncturists
- Alcohol/drug rehabilitation
- Ambulance/special transport
- Vision exams, frames/lenses
- Dental exams, x-rays, fillings, caps, crowns and braces
- Mental health care expenses
- For a full list of qualified FSA expenses, visit www.fsastore.com
You do not need to be enrolled in a district health plan to participate in the Health Care FSA.
Dependent Care FSA
Eligible expenses include daycare expenses that allow you and your spouse to work or attend school on a full-time basis, such as traditional daycare or day camps. Eligible dependents include children under the age of 13, or a child over the age of 13/an elderly adult who lives with you and depends on a caretaker for their daily needs. If you are divorced and are a non-custodial parent, seek financial advice as to whether or not you can take advantage of a Dependent Care FSA.
Please note, only daycare expenses incurred while you are working or studying are eligible for reimbursement. Daycare expenses during times when you or your spouse are not working or attending school, such as over the Summer for less than year-round employees, are ineligible expenses.
NOTE: The dependent care tax credit may provide a greater tax break than the dependent care FSA for some employees; however, families with an income greater than $25,000 generally benefit by using the dependent care FSA.
Use it or Lose it
Flexible Spending Accounts are not savings accounts; they are designed to be spent in the same year they are funded. Thus, participants are advised to not save more than they expect to spend, as any remaining funds after the spending deadline will be forfeited with no way to recoup them. FSA funds must generally be spent by the end of the plan year, but SVVSD allows a grace period of 75 days into the following plan year to spend the funds or submit for reimbursement of expenses:
2025 FSA Spending Deadline: March 15, 2026
- 2025 FSA Claims Filing Deadline: March 31, 2026
2026 FSA Spending Deadline: March 15, 2027
- 2026 FSA Claims Filing Deadline: March 31, 2027
Keep track of your FSA balance at www.padmin.com
FAQs
How do I get reimbursed for eligible expenses?
Both accounts are administered by P&A Group and the funds are not interchangeable (cannot be transferred from one FSA to another). When you have eligible medical, dental or vision expenses, you may pay for them using your P&A Group-issued debit card, you can authorize them to pay the provider on your behalf or you can pay via another method and request reimbursement. If requested, you can document the expense by sending a copy of your Explanation of Benefits (EOB) from UMR, Kaiser, Delta Dental or VSP to P&A Group.
For eligible dependent care expenses (day care, summer camp, etc.), you must pay your provider and then request reimbursement by submitting a receipt to P&A Group as documentation. You are unable to use the FSA debit card to pay for dependent care expenses. Be sure your receipt includes the following information: the date(s) of service, the expense amount and the name, address and tax identification number of the provider. Under the plan’s grace period, you can typically incur eligible expenses and be reimbursed through your FSA for 2 1/2 months following the end of the calendar year for which you are enrolled.
What happens if I leave my job during the year?
If you leave the district during the calendar year, you may continue to submit requests for reimbursements as follows:
Health Care FSA: You may continue to submit reimbursement requests for eligible expenses incurred prior to termination. Coverage will end on your final date of employment unless you elect to continue participation on an after-tax basis through COBRA.
Dependent Care FSA: Coverage will end on your final date of employment but you may submit requests for eligible expenses incurred through the end of the calendar year (up to the balance in your account).