Spending Accounts

Four different spending accounts are offered.

• Health Reimbursement Account (HRA)

• Health Savings Account (HSA)

• Health Care Flexible Spending Account (HFSA)

• Dependent Care Flexible Spending Account (DCFSA)

Learn the basics about your spending accounts here

The option(s) you are eligible for depends on the medical plan you choose. The chart below details the differences.

• HEALTH REIMBURSEMENT ACCOUNT (HRA)

  If you enroll in the Core HRA medical plan, DICK’S Sporting Goods will contribute to your HRA (contribution prorated quarterly based on start date):

  • Individual coverage: $500

  • Coverage with dependent: $1,000

  You will receive a debit card in the mail from Inspira with these funds loaded.

  You can use your HRA funds for office visit copays, prescription drug copays, deductible expenses, coinsurance and dental and vision expenses. You determine how you want to use your HRA dollars; you can pay these expenses with your Inspira debit card or pay on your own and request reimbursement through the Inspira app or website.

  The HRA is for DSG funds only; you are not permitted to contribute.

  Be sure to save all your receipts when using your debit card. Inspira Financial may ask for a copy of your receipts to validate your purchase. These receipts are required by law. If you don’t provide supporting documentation upon request, the claim could become regular income for which you’ll owe taxes.

  If you are a new hire who contributed to a Health Savings Account (HSA) in the current calendar year, you are not permitted to elect the HFSA as part of your new hire elections. The IRS does not permit individuals to contribute to an HSA and a HFSA in the same calendar year.

• HEALTH SAVINGS ACCOUNT (HSA)

  Two of the medical plan offerings, the Base HSA and Buy-Up HSA plans, allow for an HSA. An HSA is a tax-advantaged savings account designed to help individuals save money for medical expenses. Here’s how it works and its benefits:

  • To open an HSA, you must be enrolled in the HSA Base or HSA Buy-Up Plan. You can’t have other health coverage that is not considered a qualified high-deductible health plan, and you can’t be claimed as a dependent on someone else’s tax return.

  • DSG will make a contribution to the account, even if you don’t contribute. The contribution is prorated monthly based on start date.

    • HSA Base Plan: $250 Individual/$500 Family

    • HSA Buy-Up Plan: $500 Individual/$1,000 Family

  • You can contribute a set amount of money each year to your HSA, and the contributions are tax-deductible. For 2026, the contribution limits are $4,400 for individual and $8,750 for families. There’s an additional $1,000 catch-up contribution if you are 55 or older.

    • You can change your per pay contribution at any point during the year.

  • Triple tax advantages:

    • Contributions you make are deducted pretax, reducing your overall tax burden.

    • The earnings on your money in your HSA grow tax-free.

    • Withdrawals used for qualified medical expenses are tax-free.

    • State Taxes: Most states follow the federal tax law for pretax contributions to your HSA. This means that if you contribute pretax to an HSA you will not pay federal and state income taxes on those amounts. However, some states do not allow this. For those states, you would still have to pay state income taxes on your HSA salary contributions. Please consult with your tax advisor or your state department of revenue to determine how state taxes may impact your HSA.

  • Funds from an HSA can be used to pay for a wide range of medical expenses, including doctor visits, prescription medications and certain over-the-counter items. However, using funds for non-qualified expenses will incur taxes and penalties.

    • Find a complete list of eligible expenses here.

  • The HSA is owned by you, not DICK’S, so it stays with you even if you change jobs or health plans.

  • Unused funds in your HSA rollover from year to year, so you don’t lose them if you don’t spend them within the year.

  • You can invest the funds in stocks, bonds or mutual funds once your balance exceeds $1,000, potentially growing your savings even more.

  After age 65, you can use HSA funds for non-medical expenses without penalties (though you will pay regular income tax on those withdrawals).

• HEALTH CARE FLEXIBLE SPENDING ACCOUNT (HFSA)

  The Health Care FSA reimburses your eligible medical expenses not covered by your medical, dental and vision plans—including copays, deductibles, coinsurance and more. Find a complete list of eligible expenses here.

  	Health Care FSA
  Maximum contribution amount	$3,400 per year
  Access to your contributions	Beginning January 1
  How you’re reimbursed	Debit card or submit a paid receipt and claim form

  You can enroll every year during Benefits Annual Enrollment or within 31 days of becoming eligible. When you enroll, you choose an annual amount of pretax money to automatically deduct from your pay and deposit into your FSA(s). This amount is deducted in equal installments each pay. Should you have expenses early in the year, you have instant access to the full annual contribution amount of money in your Health Care FSA as of the day you are eligible for benefits or the first of the year.

  Plan your contributions carefully, up to $680 of unused 2026 funds are permitted to be carried over to 2027. Any balance over $680 on December 31, 2026 will be forfeited.

  You'll be issued a debit card from Inspira Financial. You can use your card with any provider who accepts it, beginning January 1 of the plan year. If your provider does not accept the debit card, pay for your services up front, then file a claim form for reimbursement.

  Unlike other benefits, you don’t cover dependents under the FSAs, but you can use the accounts to pay for eligible expenses for eligible dependents except for domestic partners and their children.

  Be sure to save all your receipts when using your debit card. Inspira Financial may ask for a copy of your receipts to validate your purchase. These receipts are required by law. If you don’t provide supporting documentation upon request, the claim could become regular income for which you’ll owe taxes.

  If you are a new hire who contributed to an Health Savings Account (HSA) in the current calendar year, you are not permitted to elect the HFSA as part of your new hire elections. The IRS does not permit individuals to contribute to an HSA and a HFSA in the same calendar year.

• DEPENDENT CARE FLEXIBLE SPENDING ACCOUNT (DSFSA)

  The Dependent Daycare FSA pays for child or adult day care expenses that are necessary to allow you and your spouse to work, seek employment or attend school full time. Find a complete list of eligible expenses here.

  	Dependent Daycare FSA
  Maximum contribution amount	$7,500 per family, per year
  Access to your contributions	As contributions are deposited
  How you’re reimbursed	Submit a paid receipt and claim form

  You can enroll every year during Benefits Annual Enrollment or within 31 days of becoming eligible. When you enroll, you choose an annual amount of pre-tax money to automatically deduct from your pay and deposit into your FSA(s). This amount is deducted in equal installments each pay.

  The funds in this account are use it or lose it. You have until March 15 of the following year to use the funds. Claims must be submitted for reimbursement by March 31. Any funds remaining in the account after that date will be forfeited.

  You can submit for reimbursement on the Inspira app or website.