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Narrator:

Caring for your loved ones. Spending money wisely. That¡¯s the heartbeat of the ³È×ÓÊÓƵapp Financial dependent care flexible spending account. Offered through your employer, a dependent care FSA, can help you put aside dollars income tax- free for the care of children under 14 or for dependent adults who can¡¯t care for themselves.

Each household can contribute up to the IRS-allowed maximum. Your account is funded by payroll deductions before taxes. That money may help pay for a variety of services, including day care, nursery school, preschool, after-school or senior day care.

The dependent care FSA is a bit different than a health care FSA. With a health care FSA, the money you contribute to your account shows up in one lump sum on day 1 of the plan year. A dependent care FSA is typically funded every pay period, so you can only use what you¡¯ve saved up.

Plan carefully, because the dependent care FSA is a ¡°use it or lose it¡± account. Some plans have a grace period, but generally if you don¡¯t use your FSA dollars in a given year you¡¯ll lose the remaining cash.

And all year long, we¡¯ll help you keep track of your money at optumfinancial.com or on the ³È×ÓÊÓƵapp Financial mobile app. You can get a quick view of your account, check your balances and even file a claim.

We¡¯ll also help you keep track of any other ³È×ÓÊÓƵapp Financial account that you can easily pair with the dependent care FSA, be it a health savings account or a limited purpose FSA.

They all work together for you. Check your benefit information to see if you¡¯re eligible.

The ³È×ÓÊÓƵapp Financial dependent care flexible spending account. Spending money wisely income tax-free for those who matter most!