AFLAC

A Flexible Spending Account (FSA) allows you to designate a certain amount of your taxable income on a pre-tax basis to pay for out-of-pocket medical and dependent care expenses. There are two types of FSA plans:

MEDICAL REIMBURSEMENT ACCOUNT:
Money from this account can be used to pay for certain health care expenses that are not reimbursed by any other source. Examples of this include plan deductible and co-payments, items the group plan may not cover such as well baby care and vision expenses, as well as uncovered dental expenses, including orthodontia.

DEPENDENT CARE REIMBURSEMENT ACCOUNT:
Money from this account can be used to pay for certain dependent care expenses which are incurred so that you (and your spouse, if married) are able to work. The availability of funds for your Dependent Care Reimbursement Account will be based on monies accrued through payroll deductions. Qualified dependents are children under the age of 13 and dependents of any age who are physically or mentally unable to care for themselves.