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.