Tools

FSA / HSA Savings Calculator

See exactly how much you save in federal taxes by contributing to your pre-tax health account.

$2,000
$0$3,300 max
$

Not sure? Most households earning $45k–$100k are in the 22% bracket.

Your estimated savings

$440
Federal tax saved
22% bracket
$153
FICA saved
7.65% payroll tax
$593
Total tax saved
30% of contribution
$1,407
Net cost to you
after tax savings

FICA savings apply to FSA and employer-sponsored HSA contributions deducted pre-payroll. Individual HSA contributions (made directly, not through payroll) save federal income tax but not FICA.

Savings by bracket — $2,000 contribution

BracketFederal savedFICA savedTotal saved
10%$200$153$353
12%$240$153$393
22% ← yours$440$153$593
24%$480$153$633
32%$640$153$793
35%$700$153$853
37%$740$153$893

FSA use-it-or-lose-it reminder

FSA funds expire December 31, 2026. Only contribute what you expect to spend in the year (plus up to $640 if your plan has a rollover). An HSA has no deadline — unused funds roll over forever.

Not tax advice

These calculations are estimates for illustrative purposes only. Actual tax savings depend on your complete tax situation. State income tax savings (not shown) may add 3–10% more depending on your state. Consult a tax professional for advice specific to your situation.