What is a Flexible Reimbursement Account?
There are two types of reimbursement accounts; medical and dependent care. A medical account allows you to set aside pre-tax dollars to pay for medical, dental, vision care or other eligible expenses which are not covered by your health care plan. A dependent care account allows you to set aside pre-tax dollars to pay for eligible dependent care expenses. Flexible Reimbursement Accounts are “use it or lose it” plans.
Related Questions
- Can a Health Reimbursement Arrangement (HRA) or Flexible Spending Account (FSA) also be offered along with a Health Savings Account?
- Can I roll over my Flexible Spending Account (FSA) or Health Reimbursement Arrangement (HRA) account balance to an HSA?
- Can Kelsey-Seybold Clinic provide me a statement for my flexible spending reimbursement account?
