Flexible Spending Accounts (FSA & DCA) home Voluntary FLEXIBLE SPENDING ACCOUNTS Healthcare - FSA Dependent Care - DCA Contribute up to the annual IRS maximum: Contribute up to the annual IRS maximum: $3,050. You have a 2.5 month grace period $5,000 ($2,500 if married & filing which means you have until March 15, 2024 separately). You have a 2.5 month grace to spend down your 2023 funds. All claims period which means you have until March must be submitted by March 31, 2024. 15, 2024 to spend down your 2023 funds. All claims must be submitted by March 31, 2024. Set aside tax-free income to your flexible spending accounts through HR Pro to pay for qualified expenses Dependent Care DCA eligible expenses include: Healthcare FSA eligible expenses include: Before & after-school programs Medical & prescription copays Daycare Medical deductible expenses Preschool Dental expenses Summer day camp Vision expenses Flexible Spending Accounts require annual re-enrollment per IRS regulations
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