How and Why to Check Your Dependent Care FSA Today for COVID-19 Breaks
For most employees, it’s open enrollment season right now. And, for many of us, it’s hard to imagine what we need to sign up for in 2021. If you’re like me, everything we thought we needed for 2020 turned out to be a bit different than we planned. A year ago, I signed up for all of my company’s benefits. These benefits included a health care plan with HSA (we have two young kids and always hit our deductible), a vision plan (because two of us wear glasses), a dental plan (yep, we all have teeth!), and the trusty Dependent Care FSA. What is a Dependent Care FSA? For those who aren’t familiar with it, a Dependent Care FSA allows you to set aside pre-tax dollars (up to $5,000 in…
