The Dependent Care FSA allows you to set aside pre-tax money to pay for eligible dependent care expenses. You may set aside up to $5,000 (per household) to reimburse yourself for eligible expenses from July 1 – June 30. You must re-elect Dependent Care FSA each year or it will automatically terminate.
Eligible expenses may include:
- Before- and after-school programs for children under age 13
- Nursery or pre-school tuition
- Summer day camps
Learn more by visiting the Flexible Spending Accounts page.