Here is a quick look into DCFSA:
- DCFSA is a tax-advantage account that allows you to use pre-tax dollars for eligible dependent care expenses.
- A qualifying dependent may include a child under the age 13, disabled child/spouse, or an elderly parent needing care.
- Dependent care expenses can cover summer camp, preschool, and elder daycare.
- Savings can add up quickly. Click here to calculate your DCFSA tax savings.
- Election amounts can only be made during annual enrollment unless you experience a qualifying life event. Make your selections now!
Click here for DCFSA Guide, plan rules and to unlock your tax savings.