Q.- An employee said she put too much money into her dependent day care FSA and wants to be reimbursed from that account for some medical expenses she paid for her child. Is that allowed?
A.- No. Reimbursements from the Dependent Day Care Flexible Spending Account must be for childcare expenses in order for the employee to work. Medical expenses, even if they are for the dependent child, may not be reimbursed from the Dependent Day Care FSA. They would be eligible for reimbursement from a health FSA.
Benefit Allocation Systems (BAS) provides best-in-class, online solutions for: Employee Benefits Enrollment; COBRA; Flexible Spending Accounts (FSAs); Health Reimbursement Accounts (HRAs); Leave of Absence Premium Billing (LOA); Affordable Care Act Record Keeping, Compliance & IRS Reporting (ACA); Group Insurance Premium Billing; Property & Casualty Premium Billing; and Payroll Integration.
MyEnroll360 can Integrate with any insurance carrier for enrollment eligibility management (e.g., Blue Cross, Blue Shield, Aetna, United Health Care, Kaiser, CIGNA and many others), and integrate with any payroll system for enrollment deduction management (e.g., Workday, ADP, Paylocity, PayCor, UKG, and many others).
