Eligible expenses can be reimbursed from the account, still without owing any taxes on the reimbursement. Funds are directed into the account free of income and FICA taxes. DCFSA funds can also cover services such as adult day care for elderly dependents.Ī DCFSA can significantly reduce out-of-pocket costs for dependent care by saving on taxes. Money in the account can be used to pay eligible expenses for qualified dependents, including daycare and after-school programs for younger children. A DCFSA lets someone contribute pretax to a special account via payroll deductions. A DCFSA is a benefit that some employers give their workers.
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