Save on Childcare Costs with a Dependent Care FSA 

Dependent care FSAs deduct pre-tax funds from paychecks for reimbursement of childcare expenses.

moneytalkwitht

How Dependent Care FSAs Work

Pre-tax income for eligible care expenses. Tax Credit: Claim on taxes, based on care expenses. Choose based on tax advantage.

moneytalkwitht

Dependent Care FSA Vs. Tax Credit

FSA reimburses essential dependent care expenses like home and institutional care, summer camps, and transportation.

moneytalkwitht

Expenses That Qualify For FSA Reimbursement

FSA funds cover work-related essentials. Ineligible: education expenses, summer camps, enrichment programs, music/sports lessons, meals, housekeeping.

moneytalkwitht

Expenses That Do Not Qualify For FSA Spending

Custodial parent uses funds for childcare after divorce. Both spouses need income for reimbursement. App aids in managing claims.

moneytalkwitht

Using A Dependent Care FSA

set up Dependent Care FSA, incur eligible expenses, keep records, complete claim form, attach documentation, submit claim for reimbursement.

moneytalkwitht

How Does An Employee Get Reimbursed From A Dependent Care FSA?

VISIT 

moneytalkwitht

Arrow
Lined Circle

Real full artilcle here

Next :  Cracking Medical Bills: Insights from Dr. Virgie Bright Ellington