HealthEquity

 

 

Dependent Care Flexible Spending Account (FSA)

A Dependent Care FSA allows you to save money on eligible dependent care expenses. The annual dollar amount you elect is collected pre-tax in equal portions throughout the year from your paychecks. Submitting receipts to get reimbursed is easy and convenient!

essg-arrow-vector-outline This is an expense reimbursement account for paying qualified dependent care costs, tax-free

essg-arrow-vector-outline Contributions to this account are pretax and deducted directly from your paycheck


How does it work?

Estimate your annual dependent care costs

essg-arrow-vector-orange Qualified Costs: licensed day care, nursery, or preschool, summer day camp, before and after school care, eldercare

Divide the cost into equal portions, to be deducted from your paycheck

essg-arrow-vector-orange Maximum Annual limit is $5,000 or $2500 if married and filing separately

Submit Claims for Reimbursement

essg-arrow-vector-orangeSubmit Claims online or by Fax, or pay bills right from the app!