Dependent Care FSA
Dependent Care Flexible Spending Accounts (FSAs) are tax-advantaged financial accounts that can be set up through employers’ cafeteria plans in the United States. A dependent care FSA allows an employee to set aside a portion of his or her earnings to pay for qualified dependent care expenses such as, but not limited to: child or elderly dependent daycare inside or outside the home, day camps, nanny expenses, licensed preschool or daycare center expenses etc. Money deducted from an employee’s pay into an FSA is not subject to payroll taxes, resulting in a substantial payroll tax savings.
Here at TabenFlex we pride ourselves on exceptional customer service and strive to offer state of the art services to participants such as the following: