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Childcare federal spending account
Posted on 2/14/26 at 3:42 pm
Posted on 2/14/26 at 3:42 pm
Anyone have experience with using this?
My wife went back to work and we recently started using it this year. You can add up to 7,500 tax free funds to cover child care
It ends up saving us 2,300-2,500 dollars end of year
My wife went back to work and we recently started using it this year. You can add up to 7,500 tax free funds to cover child care
It ends up saving us 2,300-2,500 dollars end of year
4
Posted on 2/14/26 at 5:57 pm to GatorPA84
Ard you talking about a dependent care FSA (flexible spending account)?
Limit is $7,500 this year which is why nicer than last years $5,000
Limit is $7,500 this year which is why nicer than last years $5,000
Posted on 2/14/26 at 7:23 pm to GatorPA84
I pack that thing every year. $280 a check pretax
Posted on 2/14/26 at 8:13 pm to thunderbird1100
Yeah it’s 7,500 this year but looks to allow some savings for sure
Posted on 2/15/26 at 8:47 am to GatorPA84
It’s great for parents with young kids. I maxed it every year the kids were in preschool.
Could you imagine if it could be used for travel ball?
Could you imagine if it could be used for travel ball?
Posted on 2/15/26 at 10:03 am to GatorPA84
Yea I had it before, it’s a nice benefit. Pain in the arse to get your money refunded though, they heavily scrutinize the receipts, and daycares tend to not produce the types of receipts that the FSA audit is looking for
Edit: I still used it and got all my money, but every year it was a PITA going back and forth with the FSA company trying to get my expenses approved
Edit: I still used it and got all my money, but every year it was a PITA going back and forth with the FSA company trying to get my expenses approved
This post was edited on 2/15/26 at 10:05 am
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