Day Care FSA
Save Money While Taking Care of Your Family
What is a Day Care FSA?
A Day Care or Dependent Care Flexible Spending Account (DCFSA) allows you to set aside money from your paycheck before taxes, which means you will save on things you’re already paying for.
Life is a beautiful, busy balancing act. Between work responsibilities and family needs, you’re juggling it all. Finding reliable, quality care for your children or other dependents is a top priority, but the costs can add up quickly, straining your budget and your peace of mind.
There is a way to make those expenses more manageable.
Putting Money Back in Your Pocket
Think about your paycheck. Before you even see it, taxes are taken out. A Day Care FSA changes that. You decide how much to contribute for the year, and that money is deducted from your paycheck before taxes are calculated. What does this mean for you? You could save up to 30% on your dependent care expenses.
Real Life Example
A married couple works full-time and needs after-school care for their two children, which costs them about $4,200 a year. This year, they enrolled in a Daycare FSA and decided to contribute $4,200.
By using pre-tax funds to pay for after-school care, they effectively lowered their taxable income and saved roughly $1,200 on those same care expenses. That’s money they can now put toward a family vacation, save for the future, or buy groceries.
More Than Child Care
A Day Care FSA offers flexibility to cover a wide range of services for dependents who need care while you work.
Day Care FSA Eligible ExpensesEasy to Use
We believe accessing your benefits should be simple. That’s why we provide several convenient ways to use your DCFSA funds.
Navia Benefit Debit Card
The fastest way to pay. Just swipe your card to pay for eligible expenses directly from your DCFSA.
Navia Participant Portal
Your 24/7 resource. Log in to your account to submit claims, check balances, and manage your benefits anytime.
MyNavia Mobile App
Manage your benefits on the go. Check your balance, view transactions, and submit claims right from your smartphone.
Making the Most of Your DCFSA
DCFSAs come with a “Use-It or Lose-It” rule, but most people find it easy to use up their funds on eligible expenses throughout the year. Some plans include a Grace Period (for extra time to spend your balance), making it even simpler to get the most from your account. Check your plan for details and know that you’re not alone; our team is here to help you make the most of every dollar.
