How FSAs work
You may enroll in an FSA:
- As a new hire
- During open enrollment
- Following a qualifying life event
Per IRS rules, you must re-enroll each year if you want to participate.
When you incur an eligible expense, you can pay with your FSA debit card or pay out of pocket and submit a claim for reimbursement. Expenses must be incurred Jan. 1–Dec. 31, and you have until March 31 of the following year to submit claims.
General purpose health care FSA
The general purpose health care FSA is available if you enroll in a traditional medical plan (Cigna PPO Premium or Cigna EPO) and neither you nor your spouse is contributing to a health savings account (HSA).
- 2026 contribution limit: Up to $3,400
- Use funds for eligible medical, prescription, dental and vision expenses for you and your eligible dependents.
- Pay with your FSA debit card or submit receipts for reimbursement.
For a full list of eligible expenses, see IRS Publication 502.
Combination health care FSA
The combination health care FSA is available if you enroll in the Cigna HDHP Plus with HSA medical plan.
- 2026 contribution limit: Up to $3,400
- Before meeting the IRS minimum deductible, you may use funds for eligible dental and vision expenses.
- After meeting the 2026 IRS statutory deductible ($1,650 individual / $3,300 family), you may use the account for all eligible medical expenses.
- You must submit proof of meeting the deductible to WEX before expanded reimbursement begins.
Health care FSA carryover
The health care FSA includes a carryover feature that helps you avoid losing unused funds at year-end.
- Up to $660 of any unused 2025 health care FSA balance has carried into 2026.
- Up to $680 of any unused 2026 health care FSA balance may carry into 2027, per IRS rules.
Anything above the carryover limit is forfeited, so be sure to use your health care FSA funds by Dec. 31 each year. You do not need to re-enroll in a health care FSA to receive the carryover.
If you enroll in an HSA-qualified medical plan
IRS rules require that you cannot contribute to a health savings account (HSA) if you have a balance in a general purpose health care FSA at the start of the plan year.
If a carryover applies to you:
- Your remaining balance (up to the allowed limit) moves into a combo FSA, which offers limited reimbursement options.
- Having a combo FSA balance—of any amount—means you are not eligible to contribute to an HSA until that balance is fully used.
- Any balance above the carryover amount is forfeited.
Dependent care FSA
The dependent care FSA lets you use pretax funds to pay for eligible day care expenses for children under age 13 or for dependents who are unable to care for themselves.
2026 contribution limits:
- Up to $7,500 if single or married filing jointly
- Up to $3,750 if married filing separately
Eligible expenses include daycare centers, after-school programs, babysitters, elder care and certain day camps.
Reimbursements are limited to the current balance in your account. For details on eligible expenses, see IRS Publication 503.
Some dependent care expenses may be eligible for the federal tax credit, but you cannot claim both the FSA reimbursement and the tax credit for the same expense. Consider consulting a tax adviser to determine your best option.
Commuter account (transit & parking)
The commuter account lets you set aside pretax dollars to cover eligible transit and parking expenses for your commute to work.
- 2026 monthly limit: Up to $340 per month for transit and/or parking.
How the commuter account works
- You may enroll any time during the year—no need to wait for open enrollment.
- Contributions are deducted pretax from your paycheck.
- Funds can be used to purchase transit passes, pay for parking, or request reimbursement for eligible expenses.
- Elections may be changed monthly, based on your commuting needs.
- Unused funds roll over month to month while you are employed at Sprinklr.
- If you leave Sprinklr, unused commuter funds are forfeited, per IRS rules.
Your commuter account is administered by WEX, and you can manage your account, view balances and access your WEX debit card through wexinc.com.