Can I transfer funds between my Health Care FSA and Child & Elderly Care FSA?

No. You can have both a Health Care and Child & Elderly Care FSA, but they are funded separately, and funds cannot be transferred between the two. For example, If you have both accounts and try to make a medical purchase, but do not have enough funds in your Health Care FSA, your purchase will be declined regardless of the balance in your Child & Elderly Care FSA.

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