Fringe - Family

Dependent Care FSA

  • Participant payroll deductions pay for dependent care expenses while at work or school.
  • Expenses include daycare, preschool and babysitting.


Participant Benefits

  • Pay a sitter to watch child or elderly parent while you work or go to school – whether on-site or remote.

  • Save as much as 30% on expenses.
  • Deductions are pre-tax reducing total taxable income.
  • Improves financial & mental wellbeing.

Employer Benefits

  • Reduce FICA/Payroll taxes by 7.65% for every pretax dollar employees contribute.
  • Improves recruiting, retention and engagement.