What are HC-FSA and DC-FSAS?

You can use your Healthcare Flexible Spending Account (HC-FSA) or Dependent Care Flexible Spending Account (DC-FSA) to save pre-tax money from your paycheck for eligible healthcare and dependent care expenses.

HC-FSA

Pay for IRS-qualified medical expenses like doctor visits, hospital fees, prescriptions, dental exams, vision appointments, over-the-counter medications and more for yourself, spouse and any dependents.

DC-FSA

A DC-FSA lets you set aside pre-tax money to pay for dependent care expenses like childcare, adult daycare, after-school care and au pair costs if they are for the purpose of enabling you (or your spouse, if married) to work.