Benefits forCity of Kannapolis

Dependent Care Account (DCA)

Less tax. More paycheck.

Get $20 tax savings for every $100 you contribute.

How It Works

A DCFSA lets you use tax-free money to pay for eligible dependent care expenses. A qualifying ‘dependent’ may be a child under age 13, a disabled spouse, or an older parent in eldercare. DCFSA paycheck deductions are tax-free too, which helps reduce your taxable income. The more you contribute, the more you save.

–Access funds as you make contributions.

–Enjoy fast, hassle-free reimbursement.

–Plan ahead because DCFSA funds eventually expire.

– Contribute up to $7,500 annually.

See how much you can save at HealthEquity.com/Learn/DCFSA

Spend Tax-Free on Eligible Expenses

–Daycare

–Babysitters

–Elder care

–Preschool

Discover more qualifying expenses at HealthEquity.com/QME