Dependent Care Flexible Spending Account

Dependent Care Flexible Spending Accounts, can be used by employees to pay for items such as child and elder care, before and after school care, and certain related expenses that allow you or your spouse/domestic partner to work, look for work, or continue their education. A qualifying ‘dependent’ typically includes a child under age 13, a disabled spouse, or an older parent in eldercare. These accounts will continue to have a contribution maximum of $5,000.

A Dependent Care Flexible Spending Account is a “use-it-or-lose-it” account, meaning it does not carry over from year to year. If you plan to enroll in this account, plan carefully.

To learn more about Flexible Spending Accounts you currently have or are looking to enroll in, visit Canvas > Life and career > About me > My benefits.