An FSA lets you set aside pre-tax dollars for qualified medical expenses (Healthcare FSA) or dependent care (DCFSA). Unlike an HSA, FSA funds generally must be spent within the plan year or you lose them (though many employers offer a $680 carryover or 2.5-month grace period). The 2026 Healthcare FSA limit is $3,400 and the DCFSA limit is $7,500. FSAs reduce your taxable income dollar-for-dollar.
Common paystub code: FSA / DCFSA
Generate a paystub showing Flexible Spending Account (FSA) clearly with our free paystub generator, or browse the full payroll glossary (44+ terms explained).
This paystub generator is a simulation/mockup tool for personal record-keeping and verification purposes only.