Coming Soon! Dependent Care Flexible Spending Accounts for Service Members
As part of its Taking Care of Our People initiative, the Department of Defense is providing Service members with access to Dependent Care Flexible Spending Accounts (DCFSAs).
DCFSAs enable Service members with eligible dependents to set aside as little as $100 and up to $5,000 in pretax income per household per year for eligible dependent care expenses, including day care, preschool, elder care, summer camp, and nanny or au pair services.
DCFSAs support military families with dependent care costs to enable the Service member (and their spouse if married) to work, look for work, or attend school full-time.
Eligible Service members are:
– Active (Regular) component members, or
– Active Guard Reserve members on Title 10 orders.
Eligible dependents are tax dependents who are:
– under the age of 13, or
– physically or mentally incapable of self-care at any age.
Learn more about DCFSAs for Service members at: https://finred.usalearning.gov/DCFSA
Sign up for webinars and the virtual benefits fair at: https://finred.usalearning.gov/Benefits/DCFSA/Webinars
DCFSAs for Service members and DoD civilians are provided by the Federal Flexible Spending Account Program (FSAFEDS) sponsored by the U.S. Office of Personnel Management (OPM). Enrollment occurs during the 2023 Federal Benefits Open Season from November 13 through December 11, 2023 and benefits will start for enrolled members as of January 1, 2024.
Learn more and enroll at: https://www.fsafeds.com/explore/usmdcfsa.
Need additional support to determine if the DCFSA benefit is right for your family?
– Call an FSAFEDS benefits counselor: 1-877-FSAFEDS (372-3337) (Available Monday through Friday, 9 am – 9 pm Eastern Time)
– Locate a personal financial counselor: https://finred.usalearning.gov/pfcMap
– Call Military OneSource: 1-800-342-9647 (Available 24/7)
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