Flexible Spending Accounts (FSAs)
With flexible spending accounts (FSAs), employees can use pre-tax dollars for eligible health care and dependent care expenses, helping reduce taxable income and out-of-pocket costs.
Health care FSAs allow you to set aside pre-tax dollars to pay for out-of-pocket health care expenses such as co-pays, deductibles, medications, and expenses for dental, vision, orthodontic, and chiroproactic care.
Dependent care FSAs allow you to set aside pre-tax dollars to pay for eligible dependent care expenses such as daycare, before and after school care, preschool tuition, and summer day camps