Nearly half of all U.S. benefits-eligible Morgan Stanley employees already take advantage of the tax benefits a Flexible Spending Account (FSA). With an FSA, you save money on things you already pay for – health care and dependent day care expenses – by paying with pre-tax dollars.

If you elect Options A or B or waive coverage, you can participate in:

• Health Care FSA – 2023 IRS limit of $3,050

If you elect Option C, you can participate in:

• Limited Purpose FSA (for dental and vision expenses only) – 2023 IRS limit of $3,050

If you elect Medical Plan coverage, or waive coverage, you can participate in:

• Dependent Day Care FSA: IRS limit of $5,000, or $2,500 per adult if you file separately with your spouse or domestic partner (Lower limits may apply in certain circumstances)