TAX-ADVANTAGED ACCOUNTS
Discover the tax-advantaged accounts that can help you save money and pay for qualified health expenses with pre-tax money.
Your eligibility to participate in these accounts will depend on the medical plan in which you choose to enroll. Review eligibility information below. When you enroll, you can set monthly contributions to your accounts, up to the IRS annual limit. You will receive a debit card that is linked to the account funds. Simply use the card to pay for qualified health expenses. All accounts are administered by Navia.
HEALTH CARE
FSA
This account is available to those enrolled in any UHC PPO or Kaiser plan and those who waived medical coverage. You may use funds to pay for qualified health expenses that are not covered by your health plan such as copays, prescription drug costs, etc.. A limited amount of unused funds can be carried over to the 2025 plan year.
LIMITED PURPOSE FSA
This account is only available to those who are enrolled in the HDHP with HSA plan through Corsair or through a spouse’s or domestic partner’s HDHP plan. Funds can only be used for dental, orthodontia, or vision expenses. A limited amount of unused funds can be carried over to the 2025 plan year.
DEPENDENT CARE FSA
This account is available to all employees. You may use funds to pay for qualified child and elder care expenses. (Note that this account does not allow for reimbursement of healthcare expenses for your dependents). Funds are use-it-or-lose-it; they cannot be rolled over from year to year.
HEALTH SAVINGS ACCOUNT (HSA)
If you enroll in the HDHP with HSA plan, your HSA will be set-up by Navia. At the time of enrollment, you will select your HSA contribution for the year. You can change your HSA contribution amount at any time during the year online through Navia.
After you enroll in the HDHP, you will receive a welcome email from our Payroll team, with instructions on how to open your HSA with Navia. Once your account has been created, Navia will mail you a debit card and will provide information on how to access your HSA funds.
HEALTH SAVINGS ACCOUNT
ELIGIBILITY
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Must be enrolled in the HDHP with HSA plan
Cannot be covered by any other health plan (e.g, spouse’s plan) that is not an HDHP plan (as defined by the IRS)
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Cannot be enrolled in, or receive reimbursement from, a Health Care FSA (Limited Purpose FSA for reimbursement of eligible dental and/or vision expenses only is okay)
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Cannot be claimed as a dependent on someone else’s tax return
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Cannot be covered by Medicare or TRICARE
MAXIMUM CONTRIBUTION AMOUNT
2025 IRS Limit
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$4,300 employee only
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$8,550 employee + family
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$1,000 in additional catch up contributions if age 55+
WHAT EXPENSES ARE ALLOWED
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Health related costs (medical, dental, orthodontia, and vision expenses)
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Prescription medication expenses
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Over-the-counter drugs and medicines without a prescription such as pain relief, allergy products, and cold and flu medicine
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Click here for a complete list of eligible expenses
WHAT HAPPENS TO UNUSED FUNDS AT THE END OF THE YEAR
You own your HSA. It is completely portable and rolls over from year to year. Even if you change medical plans or leave Corsair, the account stays with you.
Your account will earn interest, like a savings account, and you can invest it in the market when your balance is over $1,000 (and all of the earnings are tax-free).
HOW DO I MAKE CHANGES TO MY CONTRIBUTIONS
WHERE CAN I GET MORE INFORMATION
HSA contribution changes can be year-round, log on to www.naviabenefits.com.
Download the HSA Guide from Navia.
FLEXIBLE SPENDING ACCOUNT (FSA)
Flexible Spending Accounts allow you to fund an account with pre-tax dollars from your paycheck to pay for eligible health care and/or dependent care expenses.
If you enroll in the HDHP with HSA plan through Corsair or are enrolled in an HDHP through your spouse or domestic partner, you are not eligible to participate in the General Purpose Health Care FSA; however, you may participate in a Limited Purpose FSA (which may be used for eligible dental and vision expenses only).
FSAs are like checking accounts that can be funded using dollars deducted from your paycheck pre-tax (before Federal, most State, and FICA taxes). Those dollars can be used for eligible health care and dependent care expenses.
You must enroll in your FSA every year to participate. If you choose to participate, you will receive a welcome email from our Payroll team, with instructions on how to open your FSA with Navia. Once your account has been created, Navia will mail you a debit card and will provide information on how to access your funds.
HEALTH CARE FSA
LIMITED PURPOSE FSA
DEPENDENT CARE FSA
ELIGIBILITY
Any employee not enrolled in the HDHP with HSA plan.
MAXIMUM CONTRIBUTION AMOUNT
WHAT EXPENSES ARE ALLOWED
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Health related costs (medical, dental, orthodontia, and vision expenses)
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Prescription medication expenses
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Over-the-counter drugs and medicines without a prescription such as pain relief, allergy products, and cold and flu medicine.
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Click here for a complete list of eligible expenses
WHAT HAPPENS TO UNUSED FUNDS AT THE END OF THE YEAR
Any employee enrolled in the HDHP with HSA plan.
Any working parent with child or elder care expenses. For married couples, both parents must be employed.
Up to $3,300 per employee for 2025.
Up to $3,300 per employee for 2025.
Up to $5,000 per household ($2,500 if married filing separately).
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Dental, orthodontia, and vision expenses
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Click here for a complete list of eligible expenses
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Dependents 12 and under or physically disabled dependents
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Work day childcare services
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Cost of care at a licensed daycare
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Before or after-school care
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Click here for a complete list of eligible expenses
If you have a balance at the end of the 2025 plan year, up to $660 will be rolled over to your account for the 2026 plan year. Any unused funds exceeding $660 will be forfeited, as mandated by IRS regulations.
Note: You have until March 31, 2026 to submit claims for the 2025 plan year.
If you have a balance at the end of the 2025 plan year, up to $660 will be rolled over to your account for the 2026 plan year. Any unused funds exceeding $660 will be forfeited, as mandated by IRS regulations.
Note: You have until March 31, 2026 to submit claims for the 2025 plan year.
Any funds remaining in your Dependent Care FSA at the end of the 2025 year will be forfeited. This is a mandated provision known as the “use-it-or-lose-it” rule. Note: You have until March 31, 2026 to submit claims for the 2025 plan year.
HOW DO I MAKE CHANGES TO MY CONTRIBUTIONS
You can make changes to your participation and/or contribution amount only during the open enrollment period or with a qualifying event. Make sure you budget and plan ahead according to your projected health and dependent care needs.
WHERE CAN I GET MORE INFORMATION
Download the Limited Purpose Health Care FSA Guide
Download the Dependent Care FSA Guide
PARKING & TRANSIT FSA
Commuter benefits are a way to pay for eligible parking and commuter expenses (while you are employed) before taxes. Your money is deducted from each paycheck pre-tax (before Federal, most State, and FICA taxes). You can change participation and your contribution amount at any time throughout the plan year. Once your account has been created, Benefit Resource will mail you a welcome kit and debit card.
TRANSPORTATION
PARKING
All active, full-time Corsair employees may participate
Up to $325 per month
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Mass transit fares
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Monthly bus passes
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Vanpooling fees
Your funds will continue to roll over from month to month.
However, if your employment terminates before the end of the plan year, your commuter balance will be forfeited.
Up to $325 per month
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Parking at or near your work location
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Parking at a location from which you participate in a carpool or board mass transit
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Taxi fares
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Bridge tolls
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Cost of auto maintenance
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Parking costs at home
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Parking when not commuting to or from work location
ELIGIBILITY
MAXIMUM CONTRIBUTION AMOUNT
WHAT EXPENSES ARE ALLOWED
WHAT EXPENSES ARE NOT ALLOWED
WHAT HAPPENS TO UNUSED ACCOUNTS AT THE END OF THE YEAR
HOW DO I MAKE CHANGES TO MY CONTRIBUTIONS
Commuter benefit contribution changes can be year-round, log on to www.naviabenefits.com.
WHERE CAN I GET MORE INFORMATION
Visit Navia to learn more about commuter benefits.
YOUR ACCOUNTS WITH NAVIA
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Estimate your annual election: During your open enrollment use Navia's FSA calculator to estimate your expenses for the plan year and come up with how much your annual election should be.
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Monthly paycheck deductions: The amount you elect will be deducted evenly out of each paycheck on a pre-tax basis and put into your account. You cannot change your annual election amount after the start of the plan year unless you have a qualified change in status.
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Funds are available immediately: Once you are enrolled, you have access to your funds immediately. Claims can be submitted online or through Navia's mobile application.
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Pay and submit claims: Claims can be submitted online or through Navia's mobile app. Some Navia plans also offer a debit card, which is your fastest way to pay and avoid a claim.