Deadline reminder: you can incur expenses through the calendar year January 1-December 31 but you have through May 31 of the subsequent year to submit claims with TRI-AD.
The Health Care Flexible Spending Account (FSA) lets you pay for health care with tax-free dollars. You may contribute up to $3,050 (for 2023) per calendar year to your Health Care FSA (or the maximum amount allowed by the IRS). Because the FSA is a use-it-or-lose-it account, be sure to plan carefully so you do not end up with unused funds at the end of the year.
You can enroll as a new hire, during Open Enrollment or if you experience a qualified life event during the year and you are enrolled in the Kaiser medical plan or have waived Adobe medical coverage. You can change your per-paycheck FSA contributions within the allowable time after hire or a qualified life event (subject to Payroll cut-off dates [PDF]). Visit the Adobe benefits enrollment site to enroll. And learn more about how the Health Care FSA can save you hundreds of dollars each year [PDF] and what you can use your FSA money on [PDF].
Health Care FSA and Health Savings Account (HSA) comparison
| Health Care Flexible Spending Account (FSA) | Health Savings Account (HSA) | |
|---|---|---|
| Which medical plan elections? | Kaiser HMO Waive Adobe Medical HMSA (HI) |
Aetna HealthSave Aetna Out of Area HealthSave Aetna HealthSave Basic* |
| Who contributes? | You | You and Adobe—Aetna HealthSave, Aetna Out of Area HealthSave You—Aetna HealthSave Basic |
| Do unused funds carry over from year to year? | No | Yes |
| Whose expenses are covered? | Yours and your eligible dependents as defined in IRS Code Section 152 | Yours and your eligible dependents as defined in IRS Code Section 152 |
| Can I change my contribution amount at any time? | No, unless you have a qualified life event | Yes |
| Can I keep my account if I leave Adobe? | No | Yes |
| Can my account balance earn interest? | No | Yes |
* The Aetna HealthSave Basic is an HSA-compatible plan. You cannot contribute to Adobe’s Health Care FSA if you are enrolled in the HealthSave Basic plan, even if you don’t contribute to Adobe’s HSA plan.