Tax Savings Calculator
Calculate Your Annual FSA Tax Savings
This calculator will give you an estimate* of the money you save by paying for eligible expenses through one or more of the tax-free benefits provided by your employer.
Fill in each box with the total expenses you have had or will have in a given plan year, click the “Calculate” button and see your savings.
Medical FSA/HSA
Dependent Care FSA
Other Pre-Tax Benefits
Enter Your Overall Tax Rate (Federal + State + FICA)
If you don't know use 27.65 (15% + 5% + 7.65%)%
Your FSA Savings Estimate*: $0
*This Calculator is for entertainment/planning purposes only and
does not constitute a guarantee of actual savings. This Calculator assumes that
premiums for healthcare coverage are taken on a pre-tax basis and does not
take into account such variables as mid-year election changes, participant
forfeitures, the Dependent Care Tax Credit, or participant gains due to overspent accounts when coverage
terminates early. By using this Calculator, the user agrees that 24HourFlex
shall not be liable for any failure to achieve the actual savings projected
by this Calculator. No animals were harmed in the making of this calculator.