Attention Employers: See the latest COVID relief, including COBRA subsidy and DCFSA changes here →
  • LinkedIn
  • Twitter
  • Facebook

Support & FAQ

Dependent Care Flexible Spending Account

  • How is a Dependent Care FSA funded?

    You fund your Dependent Care FSA through your employer. During your company's Open Enrollment period, you tell your employer how much you would like to contribute to your account for the coming year. The maximum amount you can contribute is determined by the IRS. For 2020, it is $5,000. Your employer then deducts your contribution amount (in equal portions) from your paychecks throughout the plan year. As soon as your account is funded, you can use your balance to pay for many eligible dependent care expenses.

    Was this answer helpful to you? YesNo