Flexible Spending Accounts, also called Reimbursement Accounts, are a means for employees to pay for certain out-of-pocket health care or dependent care costs on a pre-tax basis.
A Health Care Spending Account (HCSA) is used to pay for almost any genuine medical expense not covered by a group plan.
A Dependent Care Spending Account (DCSA) is used to pay for those costs of dependent care that enable the employee to work. This care may be for a child under the age of 13 or a an adult dependent who is incapable of self care, such as an invalid parent.