Flexible Spending Account Savings Calculator 

Easy FSA Savings Calculator !

To get an estimate of your potential tax savings by utilizing a flexible spending account follow the directions below.

How it works:

  1. Select the Pay Frequency that affects you.
  2. Select your family size.
  3. Select the check box next to each item to add to your savings estimate.
  4. Review your savings estimate at the bottom of the page!

       (Please note the spending amounts are estimates that you may incur for health expenses.)

Pay Frequency

                  

Family size

Type Item Yearly Cost




Health Plan 

Annual Deductible

$0.00




Dr/Copay

Co-payments

$0.00

Hospital/ER

$0.00

Outpatient Surgeries

$0.00

Drugs

Prescription drugs

$0.00

Flu shots/Immunizations

$0.00

Medical Equipment

$0.00

Dental

Orthodontia

$0.00

Dental Care

$0.00

Hearing

Hearing aids, batteries

$0.00

Vision

Glasses/Contact lenses

$0.00

Exams

$0.00




Total Spent

$0.00

$0.00

Estimated Tax savings *

$0.00

FSA Deduction by pay period

$0.00

With an FSA you would increase
your buying power by *

$0.00
Without the FSA you would decrease your
buying power for products and services that
you are going to buy anyway.
 
* These amounts may vary from actual
because of possible tax implications.
This example assumes:
15% federal income tax
5% state income tax
7.65% Social Security Tax