Dependent Care Flexible Spending Account (FSA)

Dependent Care Flexible Spending Account (FSA) allow you to pay for eligible expenses using tax-free dollars. Note: There is a “use it or lose it” rule imposed by the IRS. Estimate carefully! Dependent Care account expenses must be incurred from January 1 – December 31, and any additional remaining balance will be forfeited. All claims for Dependent Care expenses need to be submitted within 30 days for the prior plan year.