Trying to decide between a Flexible Spending Account (FSA) and a Health Savings Account (HSA)? Our easy-to-use calculator helps you make the smartest choice based on your actual expenses, tax bracket, and employer contributions.
Use the tool below to see exactly how much you could save with each option 👇
🔍 What’s the Difference Between an FSA and HSA?
Feature |
FSA |
HSA |
|---|---|---|
Eligibility |
Anyone with employer coverage |
High-deductible health plan only |
Contribution Limits (2024) |
$3,200 |
$4,150 individual / $8,300 family |
Funds Roll Over? |
Use it or lose it |
Yes, rolls over forever |
Tax Savings |
Pre-tax contributions |
Pre-tax + investment growth |
Employer Contributions? |
Sometimes |
Often (and tax-free) |
🧠 How the Calculator Works
Just plug in your expected medical expenses, HSA/FSA contributions, and tax bracket. We’ll instantly compare:
- 🧾 Tax savings from both accounts
- 💸 Your employer’s impact on HSA value
- 📈 Growth potential (only with HSA)
- ✅ Recommendation for your situation
All without reloading the page or needing to create an account.
🧮 Why You Should Use This Calculator
This isn’t some generic savings advice. This is personalized, IRS-limit aware, and tax-calibrated guidance.
- ✔️ Fast and easy to use
- 📱 Mobile-optimized design
- 🔐 No data tracking or sign-up needed
- 🔧 Built by healthcare cost transparency pros
Whether you’re enrolling in benefits or just trying to make smarter financial decisions, this calculator gives you clarity without the fluff.
🤔 FSA or HSA – Which One Wins?
For most users with high medical expenses and stable employment, FSA might be better short-term. But if you’re planning for the future, want tax-free growth, and have a qualifying plan, HSA is usually the winner.
Use the calculator now to run the numbers for yourself:
💰 FSA vs HSA Calculator