Dependent Care FSA How It Works Enrolling in the Dependent Care FSA Contribute up to $5,000 annually; - Per IRS regulations, participants are required to designate a new contribution or if married and filing separately, amount each year you may contribute up to $2,500 - When you enroll, you will elect the amount you would like to contribute for the each entire plan year Use funds to pay for eligible - Dependent Care FSA funds become available as they are distributed to your childcare and eldercare expenses. account from your paycheck You can view eligible expenses here Watch: Everything You Need to Know About FSAs You may submit receipts for reimbursement through the Wex, Inc. member portal or mobile app There is no rollover allowed; unused funds are forfeited 20