The university offers two types of Flexible Spending Accounts (FSA): a Health Care Account and a Dependent Day Care Account. These accounts are managed by ConnectYourCare. You may allocate a maximum of $2,650 to your healthcare FSA and a maximum of $5,000 to your dependent daycare FSA. Reminder: Any money left at the end of the FSA period cannot be refunded in accordance with federal law.
If your spouse's employer offers flexible spending accounts, you and your spouse may both allocate the maximum $2,650 amount to each of your healthcare FSAs and a combined $5,000 to your dependent daycare FSAs. This includes spouses that both work for OU.