Savings/Spending Accounts
Health Savings Account (HSA)
Money-saving tip: Use your HSA to budget for deductibles and other out-of-pocket expenses while also saving money — your HSA contributions are tax-free!
*Reduced by any VF contributions to ensure you don’t overcontribute.
**Money in an HSA can be withdrawn tax free as long as it is used to pay for qualified health-related expenses. If money is used for ineligible expenses, you will pay ordinary income tax on the amount withdrawn, plus a 20% penalty tax if you withdraw the money before age 65.
You can contribute pre-tax money from your paycheck to an HSA to pay for all medical, dental and vision care expenses.
Open to: Those who enroll in the CDHP 2000 or CDHP 3000.
Contribution limit: You can contribute up to the annual IRS maximum* for 2026: $4,400 for individual coverage, $8,750 for all other coverage levels, plus a $1,000 catch-up for 55 and older.
Who contributes: Both you and VF contribute to the HSA. VF provides a quarterly contribution plus a matching contribution if you are enrolled in the CDHP 2000 plan and earn a base salary of less than $100,000.
- VF annual contributions: $250 individual coverage/$500 all other coverage levels (paid quarterly).
- VF matching contributions: $325 for associates with a base salary less than $50,000/$275 for associates with a base salary $50,000 – $99,999 (Note: the HSA match is only available to associates earning a base salary less than $100,000.)
Key advantages:
- Never pay taxes! The HSA has a triple tax advantage that beats even a 401k or Roth IRA. Money goes in tax free, builds earnings tax free, and comes out tax free when used on eligible expenses.**
- The money is always yours to keep. All contributions you and/or VF make to your HSA are 100% yours, even if you no longer work for VF. In addition to paying for current medical expenses, you can use the HSA to save for your future medical care, even in retirement.
You can contribute pre-tax money from your paycheck to an LPFSA to pay for dental and vision care expenses. LPFSA funds cannot be used to pay for medical expenses.
Open to: Those who enroll in the CDHP 2000 or CDHP 3000
Contribution limit: The current limit is $3,400 for 2026.
Who contributes: Only you. There is no contribution from VF for FSAs.
IMPORTANT: Use your money! With FSA money, you use it or lose it. If you have a balance left in either of your FSAs as year-end approaches, try to spend as much of it as you can on eligible expenses. You can carry over $660 into 2026. After December 31, 2026, you can carry over $680 into 2027.
You can contribute pre-tax money from your paycheck to an HCFSA to pay for all medical, dental and vision care expenses.
Open to: Those who enroll in the PPO, Copay (Surest) or Kaiser HMO, or who waive coverage.
Contribution limit: The current limit is $3,400 for 2026.
Who contributes: Only you. There is no contribution from VF for FSAs.
IMPORTANT: Use your money! With FSA money, you use it or lose it. If you have a balance left in either of your FSAs as year-end approaches, try to spend as much of it as you can on eligible expenses. You are allowed to carry over up to $680 to the next year.
You can contribute pre-tax money from your paycheck to a DCFSA to pay for dependent care expenses (such as day care and elder care).
Open to: All benefits-eligible VF associates
Contribution limit: You can contribute up to the annual IRS maximum of $7,500 ($3,750 if married filing separately) and $3,000 for HCEs.
Who contributes: Only you. There is no contribution from VF for FSAs.
IMPORTANT: Use your money! With FSA money, you use it or lose it. There is no rollover with DCFSAs, so be sure to spend all of your funds within the calendar year.
Dependent Care Tax Savings
If you have dependent care expenses (like day care, afterschool care, summer camp and/or elder care), you can contribute pre-tax money from your paycheck to a DCFSA and use it to pay for eligible expenses that enable you (or your spouse, if you are married) to work, look for work or go to school full-time. You’ll want to confirm which expenses are eligible and consider how much you’ll spend next year, because this account has a use-it-or-lose-it rule.
