There’s still time to enroll in a Flexible Spending Account (FSA) for 2027. These accounts allow you to designate pre-tax money from your paycheck toward eligible healthcare and child-/adult-care expenses.
Three Types of FSAs
U-M offers three distinct FSAs:
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The Health Care FSA is used to pay for eligible out-of-pocket medical, dental, orthodontic, and vision expenses for you and your covered dependents.
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Available to individuals enrolled in any U-M health plan except the Consumer-Directed Health Plan (CDHP) with Health Savings Account (HSA).
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The Limited Purpose FSA covers eligible dental, orthodontic and vision expenses for you and your covered dependents.
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IMPORTANT: Available only to individuals enrolled in the Consumer-Directed Health Plan (CDHP) with Health Savings Account (HSA).
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The Dependent Care FSA is for eligible daycare expenses for a dependent child younger than age 13, or elder care for a dependent adult, while you and your spouse work (or if your spouse is a full-time student or disabled).
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This benefit is available to all benefits-eligible employees.
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Learn more about Flexible Spending Accounts.
How to Enroll in a 2027 FSA
Enroll in a 2027 FSA using the eForm below:
Important Deadline
Your form must be submitted by Friday, Nov. 27, to have your Health Care FSA funds available on Jan. 1, 2027.
If you submit your form after Nov. 27 but before Dec. 31, you may incur eligible expenses in January, but you will not be able to use your card or file claims on your account until after Feb. 1, 2027.
