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DEPENDENT CARE FLEXIBLE SPENDING ACCOUNT (FSA) DON'T LOSE BETWEEN $1,250 TO $2,000 PER YEAR ON CHILD CARE EXPENSES! OPEN A DEPENDENT CARE FSA DURING OPEN ENROLLMENT THIS YEAR How Do Dependent Care
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Dependent care flexible spending account (FSA) is a pre-tax benefit account used to pay for dependent care services, such as preschool, summer day camp, before or after school programs, and child or elder daycare.
Employees who have eligible dependents and wish to use pre-tax funds to pay for dependent care services are required to file for dependent care flexible.
Employees can fill out a dependent care flexible spending account form provided by their employer during the annual benefits enrollment period.
The purpose of dependent care flexible is to help employees save money on eligible dependent care expenses by using pre-tax dollars.
Employees must report the amount they plan to contribute to the dependent care flexible spending account and provide documentation of eligible dependent care expenses.
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