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 $3,300 in 2025
• 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.
• Plan carefully: You can only carry over up to $640 of your unused FSA balance from 2024 to 2025. *If you have a rollover from 2024 to 2025 the funds will remain with iSolved through March 31, 2025 for claims submission and then transferred automatically to Health Equity.
• Plan carefully: You can only carry over up to $660 of your unused FSA balance from 2025 to 2026.

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 $3,300 in 2025
• 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.
• Plan carefully: You can only carry over up to $640 of your unused FSA balance from 2024 to 2025. *If you have a rollover from 2024 to 2025 the funds will remain with iSolved through March 31, 2025 for claims submission and then transferred automatically to Health Equity.
• Plan carefully: You can only carry over up to $640 of your unused FSA balance from 2024 to 2025.

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 $5,000 (or $2,500 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 $640 from your Health Care or Limited Purpose FSA from this year to next year.
• You can’t stop or change your contributions during the year unless you have a qualifying life event.

How to use your FSA

FSAs that were opened prior to 1/1/2025 are managed by isolved Benefit Services.

FSAs that were opened on or after 1/1/2025 are managed by Health Equity

*If you have a rollover from 2024 to 2025 the funds will remain with iSolved through March 31, 2025 for claims submission and then transferred automatically to Health Equity.*

Learn how to access your account balance on Guidepost.