A Health Savings Account is a tax-advantaged personal health care account. With an HSA you get a triple tax advantage: your contributions are pre-tax, your account earns tax-free interest and investment earnings, and you can make tax-free payments for qualified medical expenses. You must be enrolled in the HDHP medical plan to participate.
With a Flexible Spending Account, employees can contribute pre-tax dollars to pay for eligible out-of-pocket expenses on a pre-tax basis. There are three types of FSA accounts offered by Marquette.
- Health Care FSA (for those enrolled in PPO plan)
- Limited Purpose FSA (for those enrolled in the HDHP plan)
- Dependent Care FSA – account limit increased from $5,000 to $7,500 for 2026
For additional information about FSAs and HSA, see pages 23-25 of the 2026 Annual Enrollment Guide.
For additional information about Annual Benefits Enrollment, see the full announcement on Marquette Today.
