Note: The Annual Benefits Enrollment period ended on October 27, 2017.
If you are a new employee and are looking for benefit information for the 2017 plan year, please continue to explore this website.
This website will be updated with 2018 plan year information in December. In the mean time, if you are looking for information for the 2018 plan year, you may visit the Annual Benefits Enrollment (ABE) website at: wisconsin.edu/abe.
UW System employees can establish the following accounts to reimburse certain expenses:
Flexible Spending Accounts (FSA)
Flexible Spending Accounts are spending accounts that are designed to reimburse eligible expenses with money set aside from your earnings that is not subject to federal income or Social Security taxes.
- The Health Care and Limited Purpose FSA reimburses health, dental and vision care expenses.
- The Dependent Day Care FSA reimburses dependent care expenses that allow you and your spouse to work.
Health Savings Accounts (HSA)
A Health Savings Account is a savings account that is designed to reimburse eligible healthcare expenses with money set aside from your earnings that is not subject to federal income or Social Security taxes. The HSA is only available if you are enrolled in the HDHP or Access HDHP plan design.
Parking and/or Transit Accounts
Parking and Transit Accounts, also known as “commuter benefits” are designed to reimburse eligible parking and or/ transit expenses with money set aside from your earnings that is not subject to federal income or Social Security taxes.
What are differences between an FSA and HSA?
The FSA is a spending account, while the HSA is a savings account. With an FSA, you are expected to spend the money you have set aside within the year it is set aside, while with an HSA you may save the money until you need it — even if you do not need the funds until well into the future. Another key difference is the FSA features a “use it or lose it” rule; this rule does not apply to the HSA.
last updated: 6/19/17
Every effort has been made to ensure this information is current and correct. This page does not guarantee enrollment or the ability to make changes to your benefits.