Benets of an FSA beyond Pre-Tax Savings

1 The Money is Available on Day One

The full balance of your annual election is availa spend on qualied expenses on the rst day of t though you have not contributed the full balanc this is also why you are generally unable to make contribution changes.

2 Eligible Dependents

You can use the funds on qualied medical, dental and vision expenses for any qualied tax dependent.

3 A Limited Option May Be Available

For those enrolled in an HDHP and contributing to an HSA, a Limited FSA (reimburses dental & vision expenses only) may be available.

One last option... Dependent Care FSA

The second type of FSA is a dependent care FSA. This allows you to use pre-tax funds to pay for the care of a dependent under age 13, day care center or before or after school programs. Care for a disabled spouse, parent or child over the age of 12 is also eligible for reimbursement.