Enroll during 2027 Annual Benefits Enrollment to contribute to a 2027 Health Savings Account (HSA) or a medical or dependent care Flexible Spending Account (FSA).
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 contribute to an HSA.
With a Flexible Spending Account, employees can contribute pre-tax dollars to pay for eligible out-of-pocket expenses. Marquette offers three types of FSAs:
- Health Care FSA (for those enrolled in the PPO plan or a non-high deductible plan outside Marquette)
- Limited Purpose FSA (for those enrolled in the HDHP plan)
- Dependent Care FSA
For additional information about FSAs and HSAs, see pages 23-25 of the 2027 Annual Benefits Enrollment guide.
For additional information about 2027 Annual Benefits Enrollment, visit Marquette Today.
