Flexible spending accounts (FSAs) are an optional benefit that allow employees to set aside pretax dollars to pay for eligible expenses. We offer two types of FSAs: healthcare and dependent care.
Participants may use a healthcare FSA to pay for eligible medical, dental, and vision expenses, such as deductibles, copayments, and copay amounts for doctor's office visits and prescription drugs — all with pretax dollars.
Use a dependent care FSA to pay for eligible expenses for children under age 13 and certain older family members. Examples of eligible expenses include in-home childcare, payments to licensed day care facilities, before or after school programs, and adult day care.