Use the Dependent Care FSA screen to set up your dependent care flexible spending account, including your deduction per pay period.
Dependent care includes out-of-pocket expenses for day care and in-home care, au pair services, and other similar services.
Use the FSA Worksheet to estimate how much money to set aside for dependent care.
Screen Fields
Field | Description |
Current Annual Contribution |
This field displays your annual contribution amount for dependent care flexible spending.
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Current <Frequency> |
This field displays your current deduction amount per pay period (for example, the deduction per month if you are paid monthly).
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New Annual Contribution |
Enter a new annual contribution amount. A message below the table states the maximum annual amount that you can contribute. You will receive an error message if you try to enter a higher amount.
When you leave the New Annual Contribution field or click Save, the New <Frequency> amount is calculated automatically.
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New <Frequency> |
Enter the pay period deduction amount. If you do not wish to participate in the Dependent Care FSA plan, you must enter 0.00 in the New <Frequency> field.
When you tab out of the New <Frequency> field or click Save, the system calculates the amount (including any amounts already contributed).
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FSA Worksheet |
Click FSA Worksheet to display a worksheet that will help you estimate how much money to set aside for dependent care for the new calendar year.
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