As childcare costs continue to rise exponentially, it’s critical that all Federal employees understand one of their most robust benefits, the Dependent Care Flexible Spending Account (DCFSA). The DCFSA is a savings account established by your agency with specific tax advantages to help you cover the cost of dependent care. So, if your agency hasContinue reading “The Federal Employee’s Dependent Care FSA At A Glance”
Category Archives: FSA
The Federal Employee's Flexible Spending Account at a Glance
A flexible spending account (FSA), also called a “flexible spending arrangement,” is a savings account with specific tax advantages established by an employer for its employees. If you’re a Federal employee who works for an agency that has adopted the Federal Flexible Benefits Plan, you can access the Federal Flexible Spending Account Program (FSAFEDS). TheContinue reading “The Federal Employee's Flexible Spending Account at a Glance”