Can my spouse and I both contribute to a dependent day care FSA?
Brian Lexmond2025-08-07T18:03:33-07:00Yes, but your combined contributions may not exceed $5,000.
Is there a different dependent day care FSA contribution amount for highly compensated associates?
Brian Lexmond2025-08-07T18:02:24-07:00For highly compensated associates earning $155,000 or more in 2024, your contribution limit may be reduced in 2025 based on the results of IRS non-discrimination testing completed in Q1 2025.
What if my claim amount is greater than the balance in my dependent day care FSA?
Brian Lexmond2025-08-07T18:01:09-07:00You can submit the receipt for reimbursement and will be reimbursed up to the amount of your FSA balance.
How do I use the money in my dependent day care FSA?
Brian Lexmond2025-08-07T18:00:00-07:00You can submit expense receipts for reimbursement on the HealthEquity website. You will not receive a debit card to use with a dependent day care FSA.
What is an eligible expense for a dependent day care FSA?
Brian Lexmond2025-08-07T17:58:36-07:00Eligible expenses are dependent day care expenses that make it possible for you to work. You cannot be your dependent’s full-time caretaker and still claim dependent day care FSA expenses.
Who qualifies as a dependent for dependent day care FSA funds?
Brian Lexmond2025-08-07T17:57:27-07:00You can use your dependent daycare FSA funds to pay for childcare expenses for your dependent children or for elder care expenses for a dependent elder. To be eligible for expense reimbursement, the dependent elder must live with you for at least eight hours a day and be claimed as a dependent on your [...]
What is a Dependent Day Care Flexible Spending Account?
Brian Lexmond2025-08-07T17:56:03-07:00A dependent day care FSA allows you to pay for eligible day care or elder care expenses while you are working. You can set aside up to $5,000 each plan year on a pre-tax basis to cover the cost of dependent day care expenses. Learn more about the dependent day care FSA. [...]
What happens to my healthcare FSA if I leave Albertsons?
Brian Lexmond2025-08-07T17:54:41-07:00If you leave Albertsons, your FSA will be closed on the day your employment ends, and you cannot take the funds with you. The exception is if you are eligible to continue your coverage through COBRA.
What is the deadline for using funds in my healthcare FSA? Does my FSA roll over from year to year?
Brian Lexmond2025-08-07T17:53:28-07:00The deadline to use the money in your FSA is December 31, 2025. You can roll over up to $640 from 2025 to 2026 if you enroll in a healthcare FSA for 2026, but any additional funds will be forfeited at the end of the year, and you cannot roll over any money if [...]
How do I use the money in my healthcare FSA?
Brian Lexmond2025-08-07T17:52:00-07:00Healthcare FSAs are administered by HealthEquity. When you enroll in a healthcare FSA for the first time, HealthEquity will mail you an FSA debit card you can use to pay for healthcare expenses. You can also keep your healthcare expense receipts and submit them for reimbursement on the HealthEquity website.
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