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The account suite

Four accounts, plainly explained.

Consumer-directed healthcare has a jargon problem — HSA, FSA, HRA, DCFSA. Underneath the acronyms are four genuinely different tools. Here is the whole picture on one screen, and a deep page on each when you want it.

HSA FSA HRA Dependent Care FSA
Who funds it Employee + employer Employee (employer may add) Employer only Employee (employer may add)
Tax advantage Triple: in, growth, and out Pre-tax in, tax-free eligible spending Tax-free reimbursements Pre-tax in, tax-free eligible care
2026 limit $4,400 / $8,750 $3,400 Employer-set $7,500
Use it or lose it? No — rolls over forever Mostly — carryover up to $680 if the plan allows Plan-design dependent Yes — annual
Follows the employee? Yes, for life No Rarely (plan-design dependent) No
Pairs with HDHP (required) + Limited Purpose FSA Any health plan (non-HDHP) Group plans, retiree groups & more Any plan — it’s about dependents, not health coverage

2026 plan-year limits per IRS Rev. Proc. 2025-19 and Rev. Proc. 2025-32; Dependent Care FSA limit per the One Big Beautiful Bill Act, effective plan years starting Jan. 1, 2026. Availability and design depend on your employer's plan.

Which account, when

A 60-second decision guide.

On a high-deductible plan? The HSA is the anchor — it's the only account that is yours for life, and the only one with a tax advantage on the way in, while it grows, and on the way out. Pair it with a Limited Purpose FSA for dental and vision if you want both.

On a traditional plan? The healthcare FSA does the everyday work — copays, prescriptions, glasses — with your full election available on day one of the plan year.

Employer wants to target specific costs? That's the HRA: employer-funded, employer-designed, from deductible gap coverage to retiree medical.

Paying for daycare or elder care? The Dependent Care FSA is its own lane — it's about who you care for, not which health plan you're on.

HSA

Health Savings Account

The lifetime account with the triple tax advantage.

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FSA

Flexible Spending Account

Everyday care, pre-tax, from day one of the plan year.

Read the deep page →
HRA

Health Reimbursement Arrangement

Employer-funded and employer-designed, down to the dollar.

Read the deep page →
DCFSA

Dependent Care FSA

Daycare to elder care — with a new $7,500 limit for 2026.

Read the deep page →