Health care and dependent care expenses can add up quickly. With a Flexible Spending Account (FSA), you can set aside pre-tax dollars to lower your taxable income for the year and save money on eligible expenses.
Important: If you participated in the Health Care FSA prior to 2026, your existing card has a Collective Health logo on it. This card is still valid to use with your Aetna plan. If you prefer, you can contact HealthEquity and request they send you a new card, only showing the HealthEquity logo. Otherwise, when your existing card expires, an updated card will be issued by HealthEquity.
Illumina offers a Health Care FSA and a Dependent Care FSA.
The amount you elect to contribute is split evenly across pay periods for the year and deducted from each paycheck before taxes.
You must enroll each year to participate, and you can enroll in one, both or neither as a new hire, during Open Enrollment and after a qualifying event.
Use your FSA funds to pay for eligible expenses tax-free.
See below for details.
Use your FSA debit card to pay for health care expenses directly.
For dependent day care expenses, pay out of pocket and submit a claim for reimbursement.
All FSA expenses must be submitted for reimbursement by March 31 of the next plan year. Be sure to save your receipts!
All benefit-eligible employees except HSA participants
Up to $3,300 for 2026
Medical, dental and vision expenses, such as deductibles, copays, prescriptions and more for you, your spouse, and your tax dependents
See the full list of eligible expenses.
* FSA funds cannot be used for expenses for domestic partners and/or other dependents who do not qualify as tax dependents.
You will receive an FSA debit card to pay for qualified purchases. Keep your receipts! You may be asked to submit them.
You can carry over up to $660 into 2026. Unused balances over these amounts will be forfeited. This is an IRS rule.
Note: You must participate in the plan in the following plan year to receive the rollover funds. If you stop participating in the plan, the rollover funds will be forfeited.
All benefit-eligible employees
Up to $5,000 per year ($2,500 if married and filing taxes separately)
* If you’re considered a highly compensated employee, your Dependent Care FSA contribution may be adjusted or taxed to meet IRS rules. You’ll be notified midyear if this applies to you.
Funds are available as contributions are made to your account.
Child care under age 13 (including before/after school programs, babysitters, and day camp), elder daycare, and care for dependents of any age who are physically or mentally unable to care for themselves and who live with you for more than half the year
See the full list of eligible expenses.
Pay out of pocket and submit a form for reimbursement. You can find the form by logging into your HealthEquity member portal.
No. Per IRS rules, unused funds will be forfeited.
Both accounts let you pay for health care expenses with tax-free dollars, but there are some important differences:
This website provides an overview of the benefit plans and programs available to eligible Illumina, Inc. employees. It is intended for informational purposes only and does not create any contractual rights or entitlements. If there is any discrepancy between the information on this site and the official plan documents or insurance contracts, the plan documents or contracts will govern. Illumina, Inc. reserves the right to add, delete or change any of the benefit programs at any time, for any reason, subject to applicable law.