Dependent Care Flexible Spending Account

Save up to $1,000* on taxes when you elect DCFSA 

Turn caregiving into tax savings

A DCFSA lets you use tax-free money to pay for eligible dependent care expenses.** A qualifying ‘dependent’ may be a child under age 13, a disabled spouse, or an older parent in eldercare.

Coins

Fast, hassle-free payments and reimbursement

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Enjoy a full year to spend your account funds

Pre-tax payroll contributions

Maximize your tax savings

When you use your tax-advantaged DCFSA, you get $10 in tax savings for every $50 you contribute.^

2022 IRS contribution limits

$5,000

Pay for eligible dependent care expenses

Here are a few common ways to spend your DCFSA.

Daycare

Daycare

Preschool

Babysitter

Doctor's Office

Nursery school

Before/after school programs

Summer day camp

Elder daycare

DCFSA resources

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Easily find answers to common questions about your benefits.   

HSA guide

Plan your spending, know the rules and unlock amazing tax savings.

Webinars

Not sure if an FSA is right for you? Explore our on-demand FSA webinars.  

HealthEquity does not provide legal, tax or financial advice. Always consult a professional when making life-changing decisions.

*Estimated tax savings are based on a $2,500 contribution and a 20% effective tax rate, including applicable state and federal income taxes. Actual tax savings will vary based on your specific tax situation.

**DCFSAs are never taxed at a federal income tax level when used appropriately for qualified medical expenses. Also, most states recognize FSA funds as tax deductible with very few exceptions. Please consult a tax advisor regarding your state’s specific rules.

^Chart for illustration purposes only. Actual savings will vary based on your unique tax situation. 

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