Choosing an Annual Election
Once members have enrolled and set their annual election amount, that pre-tax amount will be automatically deducted from their paycheck in equal increments throughout the year. Unlike a health care FSA, DC FSA funds are not all available at the start of the plan year. Members are reimbursed for eligible expenses as they are incurred and as funds are deposited into the DC FSA.
Common Eligible Expenses with a DC FSA include:
- Daycare, Nursery School, and Preschool
- Summer Camps
- Adult Daycare
- Before/After School Programs