Dependent Care FSA

What you need to know

Child and adult care—if you’re already paying for it, why not take advantage of lowering your taxes? The Dependent Care Flexible Savings Account (FSA) is a way for you to save money for eligible dependent care expenses and lower your taxes.

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Save as little as $50 or as much as $5,000 each year—it’s up to you. You don’t pay federal or state taxes on your contributions.

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Non-exempt employees: PayPal contributes an additional 15% to your account, up to $652 each year. The total contribution amount is $5,000, including PayPal’s contribution.

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