Flexible Spending Accounts (FSAs)

An FSA allows you to set aside before-tax dollars to help pay for eligible out-of-pocket expenses in a given year.

There are two FSAs available (serviced by Fidelity):

  • Health Care Flexible Spending Account (Health Care FSA)
  • Dependent Day Care FSA

A Health Care FSA—available only if you're not contributing to a Health Savings Account (HSA)—allows you to reimburse yourself for eligible out-of-pocket health care expenses using before-tax dollars. You can contribute if you:

  • Enroll in the $500 Deductible medical option.
  • Enroll in a High Deductible Health Plan (HDHP), but don’t maintain an HSA.
  • Waive medical coverage (i.e., you decide not to enroll for MDLZ-sponsored medical coverage).

You may elect up to $3,200 before-tax for 2025 (this is the contribution limit, even though the IRS’s annual contribution limit for 2025 is $3,300).

A Dependent Day Care FSA allows you to reimburse yourself for eligible dependent care expenses—such as day care, after-school care, home care, and elder care—using before-tax dollars. Generally, you can elect to contribute up to $5,000 before-tax each year (or $2,500 if you’re married and filing taxes separately). Contribution amounts may ultimately be limited based on the nondiscrimination testing results. For additional details about eligible expenses, see IRS Publication 503.

If you request reimbursement from your Dependent Day Care FSA and you don’t have sufficient funds in your account to cover the eligible expense, Fidelity pends your balance and makes reimbursements as you make additional contributions.

Once you enroll and make your FSA contribution election on MyBenefits Online, Fidelity sends you additional information (including a debit card called the NetBenefits® Access Card). You can then use your card to pay for eligible expenses, or you can submit claims for eligible expenses via the NetBenefits website.

The NetBenefits website is also where you go for account information throughout the year, including the status of any submitted claims.

Fidelity Investments®

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You forfeit unused amounts

You forfeit any amount remaining in your FSA at the end of the coverage period. If you participate in an FSA, you have until March 31, 2026 to submit claims for 2025 eligible expenses.

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Looking for more details?

You can access more detailed information about the FSAs, including a description of eligible expenses for each, in the applicable Summary Plan Description (SPD) posted under the Reference Center on MyBenefits Online. Or visit the NetBenefits website.