Flexible Spending Account (FSA) Calculator

Use this calculator to determine how much money to put into your account when using your employer’s Flexible Spending Plan (FSA).

A FSA lets you deduct a set amount, pre-tax, to be deposited into an account that you can then use to pay for certain medical, transportation and/or dependent care expenses. Using an FSA lowers your taxable income and lets you save money on state, federal and Social Security taxes.

Fill out the form below to calculate how much you are likely to spend on eligible FSA expenses in a year, and then use that number to decide the amount to contribute to your FSA.

Field's with * are required

Pay Periods:*
(Weekly 52, bi-weekly 26, etc.)
Medical Expenses:
(Expenses such as medical, dental, vision care and prescription drugs.)
Dependent Care Expenses:
(Expenses such as tuition for licensed day care for dependent(s) or home care for a qualifying adult dependent.)
Transportation Expenses:
(Expenses such as public transportation fees or parking fees.)
Recommended FSA Deduction Amount

Based on the amounts entered, you should deduct the following amounts for medical expenses.
(Note: The amount below may exceed the IRS FSA Contribution Limit. See your plan for the limit amount.)

Annual deduction amount:
Deduction amount per pay period: