FSA Savings Calculator

Calculate your potential tax savings with a Flexible Spending Account

Your total annual income before taxes
Include medical, dental, vision, and prescription costs
Daycare, after-school programs, summer camps (max $5,000)

Your Estimated FSA Savings

Healthcare FSA Contribution
$0
Dependent Care FSA
$0
Annual Tax Savings
$0
Per Paycheck Savings
$0
Tax Breakdown Without FSA With FSA Savings
Federal Tax $0 $0 $0
State Tax $0 $0 $0
FICA Tax $0 $0 $0
Total Taxes $0 $0 $0

Important Information

  • 2024 Healthcare FSA contribution limit: $3,200
  • 2024 Dependent Care FSA limit: $5,000 (married filing jointly)
  • This calculator provides estimates based on current tax rates
  • Actual savings may vary based on your specific tax situation
  • FSA funds are "use it or lose it" - plan contributions carefully