Dependent Care Flexible Spending Account

The Dependent Care Flexible Spending Account reimburses you for expenses associated with the care of a dependent while you and/or your spouse work or attend school. You may contribute up to $5,000 a year to this account. If you are married and file income taxes separately, your contributions to the Dependent Care Account are limited to $2,500 annually.

If you are married and file income tax jointly, the total amount both you and your spouse can contribute combined to a Dependent Care account is $5,000, under IRS rules.

Your eligible dependents include:

Your dependent children under age 13 Your spouse who is physically or mentally unable to care for himself or herself Other dependents (such as elderly parents) who are physically or mentally unable to care for themselves

Eligible Dependent Care expenses include:

Day care provided in a home, day care center or preschool, subject to certain legal requirements Adult day care facility Before- and after-school expenses through grade school for children under age 13 Nanny or au pair Care for children when they’re sick and you’re at work Summer day camp

Dependent Care expenses must be incurred during your participation in the plan and cannot be paid in advance or with funds not yet contributed to your account.