Healthcare Flexible Spending Account (FSA)
Contribute up to $3,300 for 2026 to pay for eligible healthcare expenses, including big-ticket items like orthodontia or more routine office visit copays. This account is “use it or lose it” with rollover provisions. Up to $680 of your unused funds will automatically roll over from 2025 to 2026, and from 2026 to 2027.
Keep in mind, you don’t have to be enrolled in the Cox Medical Plan to participate; however, you can’t enroll in a Healthcare FSA if you are enrolled in the HDHP Plus plan. You would instead use a Health Savings Account (HSA).
Your previous election does not carry over. You must enroll in the Healthcare FSA each year.
You have until March 31 to file claims for reimbursement to Optum Financial for expenses incurred in the prior year.
Dependent Care FSA
Contribute up to $7,500 per household annually to pay for before-school or after-school care, day care or other qualified expenses for children aged 12 and under. You can even use it for costs associated with caring for an elderly parent.
This account is “use it or lose it.” Your unused funds will not roll over at the end of the year.
Your previous election does not carry over. You must enroll in the Dependent Care FSA each year.
You have until March 31 to file claims for reimbursement to Optum Financial for expenses incurred in the prior year.
Health Savings Account (HSA)
An HSA is your tax-saving companion to the HDHP Plus plan. Cox contributes to your HSA to get you started; after you open your account, it will contribute up to $1,000 annually into your account and you can set aside up to $8,750 annually to pay for qualifying medical expenses. If you’re 55 years or older, you can contribute an additional $1,000.
You must enroll in an HSA each year, and while you do not have to contribute personal funds to the account to get the Cox contribution, you will need to make a minimum election of $0 to ensure your account is opened. Your HSA balance automatically rolls over each year.
Unless you have a qualifying life event, you can’t change your FSA contribution levels throughout the year. You can change your HSA contribution anytime. Wondering what qualifies as a life event? Employees can visit Inside Cox to learn more.
Commuter accounts
You can contribute up to $3,900 pretax annually in 2026 towards parking and/or transit costs related to expenses incurred while traveling to work. Your unused balance automatically rolls over each year, but you do not have access to these accounts if you no longer work for Cox.
Eligible expenses include costs for buses, trains, subways, ferries, vanpools, as well as parking at your place of employment or a location from which you commute to work.