A dependent care FSA is a particular account that lets you put aside pre-tax {dollars} to pay for eligible dependent care bills, similar to childcare, preschool, or summer time camp. The funds in a dependent care FSA aren’t topic to federal earnings tax or payroll taxes, which may prevent a major amount of cash.
The utmost quantity which you could contribute to a dependent care FSA in 2025 is $5,000. This restrict is similar for each married {couples} and single mother and father. The funds in a dependent care FSA can be utilized to pay for bills for a kid underneath the age of 13, in addition to for a disabled partner or dependent.With a view to take part in a dependent care FSA, you could meet sure eligibility necessities. You have to have a qualifying little one or dependent, and you could have earned earnings from a job or self-employment.
