A Flexible Spending Account lets you set aside pre-tax dollars for medical or childcare costs you already have, so those everyday bills cost you less.
See how it works through one simple example.
You choose an amount, and it comes out of your pay before tax.
You then spend it on eligible medical or childcare costs, which makes those costs cheaper by your tax rate.
A dependent-care FSA is one of the best breaks for working parents.
Slide to how much you would set aside.
This is a rough guess. Connect your account to see your real number, down to the dollar.
A simple federal estimate to show the idea, not a tax filing. Real numbers depend on your full situation and current limits, which we confirm before you act.
Connect your account and we estimate the right amount to set aside and the tax it saves.
Free to check. Nothing happens until you say so.
The honest version.
No. An FSA does not need a special health plan, but it usually does not roll over.
Health FSAs cover medical costs. Dependent-care FSAs cover daycare and similar.
With most health FSAs you can lose the leftover, so estimate carefully.
Connect an account or upload last year's return. No card to get your number.
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