Benefit and Wellness
FAQ for Flex Spending and Health Savings Account (HSA)
The summary below is meant to serve as an overview of the most frequently asked questions regarding Health Savings Accounts. Please speak with your tax advisor and/or financial advisor for specific details regarding your personal situation and tax implications relating to Health Savings Accounts.
- What type of Flex spending accounts are offered by the School District of Janesville?
- What is the difference between the three plans offered by the School District of Janesville?
- Who is eligible for the Flexible Spending Account (FSA)?
- Who is eligible for the Limited Flexible Spending Account?
- Can I have the HSA and Flexible Spending Account?
- Can my SPOUSE have a Flexible Spending Account with their own employer, if they are enrolled in the districts health insurance?
- Can my SPOUSE have a limited Flexible Spending Account with their own employer, if they are enrolled in the districts health insurance?
- If I am NOT enrolled in the districts health plan, what Flex Spending plans am I eligible for?
- If I do not use all of my Flexible Spending or Limited Flexible Spending funds at the end of the plan year, do I lose that money?
- If I do not use all of my Dependent Care funds at the end of the plan year, do I lose that money?
What type of Flex spending accounts are offered by the School District of Janesville?
What is the difference between the three plans offered by the School District of Janesville?
Who is eligible for the Flexible Spending Account (FSA)?
Who is eligible for the Limited Flexible Spending Account?
Can I have the HSA and Flexible Spending Account?
Can my SPOUSE have a Flexible Spending Account with their own employer, if they are enrolled in the districts health insurance?
Can my SPOUSE have a limited Flexible Spending Account with their own employer, if they are enrolled in the districts health insurance?
If I am NOT enrolled in the districts health plan, what Flex Spending plans am I eligible for?
If I do not use all of my Flexible Spending or Limited Flexible Spending funds at the end of the plan year, do I lose that money?
If I do not use all of my Dependent Care funds at the end of the plan year, do I lose that money?