Health Care FSA deadlines
One-time extension for 2020 plan year only: U.S. employees now have until December 31, 2021 (previously May 31, 2021) to submit claims incurred during 2020.
Claims for expenses incurred during the 2021 plan year must be submitted by May 31, 2022.
The Health Care Flexible Spending Account (FSA) lets you pay for health care with tax-free dollars. You may contribute up to $2,750 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
|Aetna HealthSave (HSA)
Aetna Out of Area HealthSave
Aetna HealthSave Basic*
|Who contributes?||You||You and Adobe—Aetna HealthSave (HSA), 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.