How would you like to save money on dependent care expenses that you’re already paying for? Look into a dependent care FSA. You can use pre-tax money to cover eligible child care or elder day care expenses for your dependents. And the savings really add up!
Discover how others save money on our FSA Savings Examples page.
You may use your FSA funds to pay for day care expenses so you (and your spouse if you’re married) can work or look for work.
See more examples and further details on our Eligible Dependent Care FSA Expenses page.
It’s easy to enroll in a dependent care FSA. An important first step is estimating your upcoming day care expenses. Let us do the math for you — use our online savings calculator.
You can enroll in an FSA during your employer’s open enrollment period. You may also be able to sign up if you have a change in status event and your employer’s FSA plan allows enrollment at a time other than open enrollment.
Find out more details on our Dependent Care FSA Enrollment page.
Knowing about your dependent care FSA will help you make the best use of your FSA benefits and keep more money in your paycheck. Get familiar with your CONEXIS online account. It’s a great way to keep up with your FSA. Provide your email address and you’ll receive email claim confirmations and helpful FSA tips throughout the year.
All of your dependent care flexible spending account funds must be used by the end of your plan year. IRS rules state that unused funds can’t be returned to you or carried over. If you don’t use your FSA dollars, you lose them after the plan year ends.
Learn more about using your dependent care FSA on our Participant Guidelines page.