Tax-Advantaged Accounts
Can I pay for daycare before tax?
Use pre-tax funds for eligible daycare or elder care.
Elect from $52 up to $5,000 for the year.
Available with either medical plan or without medical coverage
No medical plan enrollment required.
Dependent Care FSA
Nothing rolls over. What is left after claims is forfeited.
Who can use it
Available regardless of your health-plan election, including when you waive health care. Eligible expenses include daycare for children under age 13 or elder care expenses.
Before setting aside money
- 1
Check eligible dependent-care expenses through WEX.
- 2
Confirm the limit and claims requirements before electing.
- 3
Keep documentation for reimbursement.