Spending/Savings Accounts
All Inspire Spending and Savings accounts are administered by Fidelity.
Health Savings Account (HSA)
How an HSA Can Benefit You and Your Wallet
In order to be eligible for a Health Savings Account (HSA), you must enroll in the Anthem HSA plan. Inspire will match 50% of any contribution you make up to $500 for team member only coverage and $1,000 for all other coverage tiers.
Just the Basics
An HSA is a short-term or long-term tax-free savings account for eligible out-of-pocket health care expenses. The account belongs to you and grows year over year. You maintain ownership, even if you leave the company. HSA money is yours to save and invest or to spend on eligible health care expenses. You can add, change, or cancel your contributions at any time throughout the year. The Health Savings Account (HSA) is administered by Fidelity.
2026 HSA Contribution Limit
Employee: $4,400 / Family: $8,750
Health Care Flexible Spending Account (HCFSA)
HCFSA Bottom Line
A health care flexible spending account, or HCFSA, is an employer-sponsored benefit that allows participants to set aside pre-tax funds from their paychecks to help them pay for out-of-pocket health care expenses throughout the year. HCFSAs are an annual plan-year benefit—meaning you have a specified amount of time to use your funds. You'll want to spend down this account every year based on your plan's rules.
2026 Contribution Limit
$3,200
Dependent Care FSA (DCFSA)
Already Paying for Dependent Care?
If you pay for day care, after school care, day camp or elder care for any of your dependents, you could be SAVING money on those costs! Inspire offers a dependent care flexible spending account, or DCFSA, that allows you to set aside a little from each paycheck to go toward your dependent care costs for the year.
How does this help? You never pay taxes on these funds, which saves you 20-30% over paying for care outright.
Contribution Limit
$7,500 ($3,750 if married and filing separately)
Why Enroll?
Setting aside your funds in a dependent care account can save you between $1,000 - $1,500 a year!*
*Contributing the maximum allowed for married, filing jointly at $5,000 at a 20% – 30% tax savings.
Transit FSA and Parking FSA (TFSA/PFSA)
Transit and Parking FSA's allow you to pay for mass transit and parking expenses with a monthly election through tax-free payroll deductions.
Contributions
Monthly limits are set by the IRS. Contributions for transit are limited to $270 per month. Parking contributions are limited to $270 per month. Your monthly balance is carried forward and you may start, stop or change your contribution at any time. Contributions to the Transit FSA and Parking FSA are exempt from federal income tax, Social Security and Medicare taxes, and remain tax-free when they are used for eligible expenses.
Payroll Deductions
You elect a pre-tax amount for parking or transit from each paycheck, up to the IRS limits stated above. You pay for the qualified transportation with your TFSA/PFSA debit card issued by Fidelity or you can pay out-of-pocket and then file a claim for reimbursement.
Mass Transit
Eligible items include transit passes, tokens, fare cards, vouchers, or similar items entitling you to ride a mass transit vehicle to or from work. The mass transit vehicle may be publicly or privately operated and includes bus, rail, or ferry.
Parking
Get reimbursed for parking expenses incurred at or near your work location or a location from which you continue your commute to work by carpool, vanpool or mass transit. Out-of-pocket parking fees for parking meters, garages and lots qualify. Parking at or near your home is not an eligible expense.