HSA and FSA University of Colorado

Click on a tile to learn more about each plan [col width="1-3"] What is an FSA?  [glossary taxonomy="ES Benefits Glossary" term="FSA (Flexible Spending Account)"]FSAs[/glossary] allow you to set aside money for certain expenses (medical, child care/elder care costs). You don't pay taxes on this money, meaning you'll save an amount equal to the taxes you would have paid. Accounts are subject to a "[glossary taxonomy="ES Benefits Glossary" term="Use It or Lose It"]use-it-or-lose-it[/glossary]" rule each year.

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