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Enroll in the DepCare FSA

Enroll and Start Saving Money

Before deciding your dependent care (DepCare) FSA election (the total amount you want to put into your account), think about your expenses for the upcoming year. Assess how much you have spent this year on child or elder-care expenses. How much will you spend next year?

Use our FSA savings calculator to estimate your expenses and calculate your potential savings.

IMPORTANT: A DepCare FSA is used to pay for eligible, work-related expenses for the care of a qualified individual, such as day care, preschool, baby sitting expenses, or elder care. It is not used to pay for health care expenses incurred by a qualified individual. You can use a Health FSA to pay for health care expenses incurred by qualified individuals.

Plan Carefully

Taking time to plan your upcoming dependent care expenses will save you money in the long run. You cannot change your election amount after your open enrollment period ends unless you have a change in status event.

Keep in mind that IRS rules state that you must use your DepCare FSA funds within the plan year. If you don't use all of your FSA funds, they don't carry over to the following year and can't be returned to you. Funds that remain in your FSA will be forfeited after your plan year ends.

IMPORTANT: Be sure to review our DepCare FSA guidelines before enrolling in the plan to ensure you know how the plan works and all of the rules associated with the plan. Keep in mind that the DepCare FSA does not have a carryover feature like the Health FSA does.

Signing Up is a Cinch

It's easy to enroll in an FSA. You're just three steps away:

  1. 1. Estimate your out-of-pocket dependent care expenses for the upcoming year.
  2. 2. Use that information to decide how much to put into your DepCare FSA for the year.
  3. 3. Complete the FSA enrollment process during open enrollment or when you become eligible to enroll.