FSA vs HSA Comparison Calculator
Compare the tax savings and long-term value of Flexible Spending Accounts (FSA) vs Health Savings Accounts (HSA).
Medical Disclaimer
This calculator is for informational and educational purposes only. It is not a substitute for professional medical advice, diagnosis, or treatment. Always consult a qualified healthcare provider before making decisions about your health. Never disregard professional medical advice or delay seeking it because of results from this tool.
HSA Projected Balance
$14,783.6
HSA Long-Term Advantage
$15,783.6
Inputs
Comparison
FSA Annual Tax Savings
$889.5
FSA Forfeited (Use-It-or-Lose-It)
$1,000
FSA Net Annual Benefit
-$110.5
HSA Annual Tax Savings
$889.5
Account Balance Over Time
How to Use This Calculator
- Enter your expected annual healthcare out-of-pocket expenses.
- Select your tax bracket to see the tax-savings calculation.
- Enter your employer's FSA or HSA contribution (if any).
- Compare the FSA vs HSA net savings outputs side by side.
- Note that HSA funds roll over year to year while FSA funds generally do not.
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