FLEXIBLE SPENDING & DEPENDENT CARE
What is Flexible Spending Accounts?
Flexible spending accounts are tax-advantaged financial accounts that allow you to set aside a portion of your earnings to pay for qualified expenses. You can use the tax-free money to pay for eligible out-of-pocket health care and dependent care expenses.
Medical FSA: For you and your eligible dependents' healthcare expenses.
Dependent Care FSA: For your dependents' eligible daycare, after-school care, or adult daycare.