Savings and Spending Accounts (FSA/HSA)

Information on these pages serve as an overview of health benefits that UF provides employees; however, not all employees are eligible for all benefits plans. 

Visit Benefits Eligibility to view available coverage options for your role at UF.

The state offers eligible full-time and part-time employees reimbursement accounts that can provide a tax break on predictable out-of-pocket costs.

• Flexible Spending Account (FSA): Contribute pre-tax money on each paycheck for eligible expenses. Healthcare and dependent care FSAs are available with different annual maximums and rollover amounts.
• Health Savings Account (HSA): Available only to members of a high-deductible health plan. The state contributes pre-tax money to an employee’s account on each paycheck. Employee pre-tax contributions are optional. All funds will roll over from year to year and remain available even after the end of employment.

Benefits

• Save on taxes by using the Reimbursement Accounts for eligible expenses.
• Enjoy the flexibility to pay for medical, dependent care, and transit expenses with pre-tax dollars.
• Reduce your taxable income, resulting in potential tax savings.

How It Works

1. Enroll in the Reimbursement Accounts during the annual Open Enrollment period or your new hire enrollment.
2. Decide how much money to contribute to each account based on your estimated expenses for the year.
3. Use the funds from the accounts to pay for eligible expenses throughout the year.
4. Save your receipts and documentation for eligible expenses as required.
5. Enjoy the tax benefits and potential savings!