What are the benefits of an Anthem dependent care FSA?

How it works

As the employer, you set the limit on the amount that can be placed into an FSA each year, up to the maximum set by the Internal Revenue Service (IRS).

Money can only be used as it is accrued in the account. It can be used to pay for dependent care that's needed for their current job or when looking for work.

Employees fund the accounts by deciding the amount of pretax earnings to place into their FSA. Their contributions are deducted from their paychecks in equal amounts throughout the year.

You have the option to choose to include a debit card with the FSA that employees can use to pay for qualified expenses.

Do you have questions or want to learn more about Anthem Spending Accounts?

Contact your Anthem sales representative.