| Health Care FSA | Dependent Day Care FSA | |
|---|---|---|
| Who can participate? | If you enroll in the Standard Plan or do not elect any BHGE health benefits plans. | If you anticipate eligible dependent day care expenses. |
| What happens to unused contributions? | Due to IRS regulations, any amount left in your account at the end of the year will be forfeited. [Carry over provision?] | Due to IRS regulations, any amount left in your account at the end of the year will be forfeited. |
| When are expenses reimbursed? | You can be reimbursed for eligible expenses before the money is in your account, up to the total amount you elect to contribute for the year. | All eligible expenses are reimbursed when you file a claim. However, you can be reimbursed only if the money is in your account. |
| What expenses are eligible? | IRS-approved expenses incurred in the calendar year. See IRS publication 502 for the list of approved expenses. | |
| When can I change contribution amounts? | You can’t change your contribution amount during the year unless you have a qualified change in status. | |