Open a dependent day care FSA and use tax-free dollars to pay for child, elder or disabled dependent day care so you and/or your spouse can work, look for work or go to school full time:
Here’s an example of how FSAs work. Ashley spends $5,000 a year to send her daughter Kennedy to day care. To cover the cost, she contributes $5,000 to a dependent day care FSA throughout the year. Here's how she saves:
*Employees' share of Social Security and Medicare taxes.
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If you previously had a WageWorks account, be sure to keep your debit card. You can continue incurring eligible expenses until March 15, 2019. WageWorks will also manage claims submitted up until the IRS deadline of April 30, 2019.
Enjoy an easier way to manage your flexible spending account with the Optum Bank Mobile app: You can pay bills, view transactions, upload receipts and more! Download today on your Apple or Android device or visit optumbank.com.