Flexible Spending Accounts

Colorado.gov

Department of Personnel and Administration

Flexible Spending Accounts (FSAs) enable you to pay for certain eligible medical and dependent/ day care expenses with pre-tax dollars. FSA rules and regulations are explained in detail in the Salary Reduction Plan, and the FAQs for FSAs. You are expected to be familiar with the conditions and limitations of the plan. Making an error during the enrollment process or misunderstanding plan provisions will NOT enable you to change your elections during the Plan Year. Eligible changes are listed in the Salary Reduction Plan Document in Section 7.4.1.
The State does not offer a Health Savings Account (HSA), but does offer an HSA-qualified High Deductible Health Plan (HDHP) - the OA-H option. Employees enrolled in this option who wish to contribute to an HSA may use a financial institution of their choice.

Information
FSA Facts
FAQs for FSAs
Salary Reduction Plan Document

Making a Decision
FSA Worksheet - Is an FSA for you?
Chart - Healthcare FSA vs. Dependent Care FSA

After Making a Decision
Over-the-Counter Medications and FSAs
ASI - Your FSA Administrator
Appeals Process

For more information about Benefits contact the DPA Benefits Unit.

Email comments to: DPA Benefits