Dependent Care FSA

THE BENEFITS OF A Dependent Care Flexible Spending Account WHY ENROLL? You can save an average of 30% on dependent care services with a Dependent Care FSA. This account will ELIGIBLE EXPENSES reduce your overall tax burden, plus You can use your Dependent Care FSA funds are conveniently withdrawn from for eligible expenses only. These your paycheck each pay period before expenses include daycare, eldercare, taxes have been deducated. before or after school programs, day camp, au pair, and work-related babysitting. HOW TO USE FUNDS You can use the Dependent Care FSA Reimbursement form to submit claims for CALCULATE YOUR SAVINGS reimbursement from your Use the FSA Feds Dependent Care account. FSA Savings Calculator to estimate how much your family can save by contributing to a Depenent Care FSA. Calculate My Savings CONTRIBUTIONS You can contribute up to $5,000 annually to your Dependent Care FSA LIMITATIONS per household. Only the amount you You and your spouse cannot each have a have contributed to date may be Dependent Care FSA. Ineligible reimbursed to you. expenses include tuition for kindergarten and above, overnight camp, food expenses, and incidental expenses. Unused funds are forfeited at the end of the plan year.