Dependent Care Flexible Spending Account Plan Information
When you enroll in a Dependent Care Flexible Spending Account (DCFSA), you make pre-tax payroll contributions toward your elected annual amount of up to $5,000. Funds become available to spend on childcare and eldercare expenses as you contribute them.
It's important to remember that DCFSAs are "use it or lose it" accounts. Any amount you have left over at the end of the year will be forfeited.
- DCFSA Overview - Review how DCFSAs work, who counts as a qualifying dependent, and the current contribution limit.
- HealthEquity Resources for Your DCFSA - Learn more about getting the most from your DCFSA and how you can use funds.
- HealthEquity - Flexible Benefits Plan - Summary Plan Description