Welcome to ASI's Flexible Spending Tax savings calculator.
Enrolling in a Flexible Spending Account can save you money by reducing your taxable income.
Money contributed to an FSA can be used to pay for eligible expenses on a pre-tax basis; therefore, income contributed
to an FSA is not taxed. Use the calculator below to estimate your tax savings from enrolling in an FSA.
* Taxable Income reflects your income less the standard deduction and the amount you are setting aside for Flexible Spending. For more information, please consult a tax professional.
The numbers presented above are only estimations.
Actual savings may vary. Calculations assume no itemized deductions. State tax rates are estimated.
Individual tax rates may differ.