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My company offers both a health care FSA and a dependent care FSA and I participate in both. Can I shift money between my FSA accounts?

April 26, 2017accounts COMPANY dependent FSA health care money offers participate shift

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My company offers both a health care FSA and a dependent care FSA and I participate in both. Can I shift money between my FSA accounts?

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No. IRS regulations require the accounts to operate separately. You cannot use your health care FSA for eligible dependent care expenses, or the reverse.