NVIDIA offers three types of Flexible Spending Accounts (FSAs) [PDF], which allows you to put aside pre-tax money to pay for eligible expenses for yourself and eligible family members (as defined by the IRS).
Keep in mind that FSAs typically follow a “use it or lose it” approach, so do your best to estimate your expenses for the upcoming year when you make your elections.
You can make your FSA elections during Open Enrollment, or if you have a Qualified Status Change.
| Flexible Spending Accounts | |||
|---|---|---|---|
| Limited Purpose | Health Care | Day Care | |
| You can participate if you are enrolled in these medical plans |
NVIDIA HSA NVIDIA HSA Plus Kaiser HSA |
NVIDIA PPO Kaiser HMO Waived medical |
All plans or waived medical |
| Eligible expenses | Eligible dental and vision expenses only** See the list of LPFSA eligible expenses |
Eligible medical, dental, vision, and pharmacy expenses See the list of General HCFSA eligible expenses |
Day care expenses for eligible family members that allow you (or you and your spouse) to work, look for work, or go to school full-time See the full list of eligible and ineligible dependent care expenses |
| Eligible contribution | $120 - $3,300 You’ll have access to the entire amount on the first day of the plan year. |
$120 - $5,000 | |
| How to check your balance (combine entire line) |
Benefits Enrollment Site > My Benefits > Review Your FSA and Commuter Account. | ||
| How to submit a claim | Submit a claim for reimbursement or pay a service provider directly on the HealthEquity/WageWorks portal. Be sure to keep your supporting documentation. |
Submit a claim for reimbursement or pay a service provider directly on the HealthEquity/WageWorks portal. | |
| Carryover amount | $640 of your remaining balance will be available for use in the next year. Any remaining balance above the carry over limit will be forfeited to the plan. ($660 into 2026) | “Use it or lose it”. There is no carryover. Be sure to use your balance before the end of the grace period. Learn more at the Day Care FSA page. | |
**Note: Because your medical plan includes a Health Savings Account (HSA), you cannot use the Limited Purpose FSA (LPFSA) to pay for out-of-pocket medical expenses. Once you meet the IRS high-deductible health plan minimum deductible, you can use any remaining balance in your LPFSA for medical expenses. You’ll need to submit the HealthEquity HDHP Deductible Met Form to provide proof. The form is located under general forms within the HealthEquity/WageWorks portal.
Learn more by visiting the NVIDIA Benefits Videos site.