Flexible Spending Accounts

Health Care FSA

When you enroll (as a new hire or during the annual Open Enrollment period), you decide how much to contribute each pay period through pretax payroll deductions.

• Contribute up to $3,400 in 2026
• Plan carefully: You can only carry over up to $680 of your unused FSA balance from 2026 to 2027.
• The full amount of your annual election is available for you to use as soon as your spending account is set up.
• Use the money to pay for eligible health care expenses such as deductibles, prescriptions, over-the-counter medications, copays, and dental and vision care for you and your eligible dependents.
• You can expect to receive a debit card from Health Equity in the mail two weeks after your election is finalized.

Limited Purpose FSA

If you or Rivian contributes to a Health Savings Account (HSA), you can’t participate in a Health Care FSA. But you can have a Limited Purpose FSA.

• Contribute up to $3,400 in 2026
• Plan carefully: You can only carry over up to $680 of your unused FSA balance from 2026 to 2027.
• The full amount of your annual election is available for you to use as soon as your spending account is set up.
• Use the money to pay for eligible dental and vision care expenses only.
• You cannot claim the same expense through both your FSA and your HSA.
• If you’ve enrolled in Rivian’s Health Savings Account, there will only be one card received from Health Equity that will host both accounts. Dental and vision claims will be reimbursed from the LPFSA first. 

Dependent Care FSA

When you enroll (as a new hire or during the annual Open Enrollment period), you decide how much to contribute each pay period through pretax payroll deductions.

• Contribute up to $7,500 (or $3,7500 if you’re married and file taxes separately).
• Funds are only available when deposited into your account.
• Use your account to pay for eligible dependent care expenses for your children under age 13 or for older children and family members who need help caring for themselves.
• Eligible expenses may include before- and after-school programs, daycare, day camps, nanny care, preschool tuition, and elder care expenses.

Things to keep in mind

• You can contribute to the Health Care FSA even if you don’t enroll in a Rivian medical plan.
• Use it or lose it. Be sure to estimate your expenses carefully. You’ll forfeit any unused money in your Dependent Care FSA at the end of the year, and you’ll be able to carry over only $680 from your Health Care or Limited Purpose FSA from 2026 to 2027.
• You can’t stop or change your contributions during the year unless you have a qualifying life event.

How to use your FSA

• Review the list of IRS-qualified healthcare and dependent care eligible expenses.
• Register for online access to your accounts at My.HealthEquity.com and download the mobile app!
• Use your HCFSA or LPFSA debit card to pay for eligible expenses, or submit claims directly to Health Equity online or through the mobile app. You may be required to submit documentation to substantiate your claim, so be sure to save your receipts!