Wisconsin Department of Employee Trust Funds (ETF) offers multiple tax-advantaged accounts
Explore the variety of account types below and learn how they can help you make informed choices for your health and your life.
Start saving smarter for life
Health savings accounts (HSAs)
Your HSA is ready when you need it. Whether it’s refills today or health costs down the road, you’re saving smart with an HSA.
Make your money go further
Flexible spending accounts (FSAs)
An FSA lets you use pretax funds for health and care costs for you and your family. You save on every dollar you put into your FSA.
Dependent day care flexible spending accounts (DCFSA)
A dependent care flexible spending account (DCFSA) can help you put aside dollars, income tax-free, for the care of children under the age of 13 or for dependent adults who can’t care for themselves.
Heading to work?
Commuter benefits
Save on the cost of commuting to work by paying with pretax money.
| 2024 Contribution Limit | 2025 Contribution Limit | Carryover Limit | |
|---|---|---|---|
| Health Care/Limited Purpose FSA | 2024 Contribution Limit $3,050 per year | 2025 Contribution Limit$3,200 per year | Carryover Limit
2024: $610* 2025: $640 |
| Dependent Day Care Account | 2024 Contribution Limit $5,000 per year | 2025 Contribution Limit$5,000 per year | Carryover Limit $0; no money carries over |
Health Savings Account
| 2024 Contribution Limit
$4,150 per year for individual coverage $8,300 per year for family coverage Annual Catch-Up Contribution Limit: (Age 55-65 only) $1,000 | 2025 Contribution Limit $4,300 per year for individual coverage $8,550 per year for family coverage Annual Catch-Up Contribution Limit: (Age 55-65 only) $1,000 | Carryover Limit Unlimited; all money carries over |
| Transit Account | 2024 Contribution Limit $300 per month | 2025 Contribution Limit$315 per month | Carryover Limit Unlimited; all money carries over |
| Parking Account | 2024 Contribution Limit $300 per month | 2025 Contribution Limit$315 per month | Carryover Limit Unlimited; all money carries over |
*To automatically receive the balance carryover for FSAs, Parking Account, and Transit Account, you must have a balance of $50+ in your account on December 31, 2023 (or by the end of the run-out period), and no enrollment is required for 2024. Any balance less than $50 by the end of the run-out period requires a new election for the funds to be carried over. If there is not a new election made for remaining fund less than $50, the fund will be subject to forfeiture.
Helpful links
Use your health account dollars wisely
Use our tools to help you save, pay and invest for your health care from now into retirement.
HSA calculator
Find contribution details and how savings may grow over time.
Retirement checkup
Estimate your health care costs during retirement so you can be prepared.
Qualified expenses
Use our qualified medical expense search tool to find out what expenses qualify.
FSA calculator
See how much you can save on eligible health and day care expenses.
We’re here to help
Whether you’ve just opened your account or consider yourself an expert, our resources make it easy to save and pay for health care expenses.
Video
HSA-FSA card: Pay the smarter way
Watch this video to learn more about the smart and convenient way to pay for everyday health items.
Article
Start saving today by boosting your HSA balance
Article
Get tips for spending your FSA dollars
Tools
Download the Optum Financial mobile app
*Savings compares using pretax income in your health benefit account (HSA, FSA) to using after-tax income for purchases and assumes a 30% combined tax rate from all applicable federal, state and FICA taxes. Results and amount will vary depending on your circumstances.
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