Dependent Care FSA
A Dependent Care FSA allows employees to save money on a pre-tax basis to pay for eligible dependent care expenses. An eligible dependent includes children under the age 13 and may include spouses and other tax dependents, such as parents, who reside with the account holder and are unable to physically or mentally care for themselves.
The money may be used to allow the employee and spouse to work, look for work and/or attend school full time.
Benefits of an ABS FSA
ABS FSA members receive a debit card allowing easy access to available funds and, as with all ABS products and administration, benefit from our industry leading customer service, claims adjudication and account management.
For more information about the benefits and mechanics of an ABS FSA, please contact your ABS Sales Representative; to obtain a quote, click here