What is the Dependent Care FSA (DCFSA)?
The DCFSA allows employees to set aside money on a pre-tax basis for eligible dependent care expenses. In order to participate, employees and, if married, their spouses, must both be working, and reimbursable expenses must be related to providing care for dependents under the age of 13, or a dependent who is physically or mentally incapable of self-care. Note: Employees who do not work during the summer may not claim dependent care expenses during the time they are not working unless they provide proof that they are actually working during their normal time off. Examples of eligible expenses include, but are not limited to, the following: In-home care for a qualifying dependent Care outside the home for a dependent under age 13, excluding overnight camp Care outside the home for a qualifying dependent who is physically or mentally incapable of self-care, provided he or she regularly spends at least eight ours a day in your home. 12. How much can I contribute to the DCFSA annually? You
