There’s no way around it, being a caretaker, whether it’s to a child (or multiple children) or an adult who can’t take care of themselves, requires balance in terms of time and finances. Especially if you also work. You can buy time by hiring a caretaker, but sometimes the cost of that outside help can be a barrier to working for some adults. If your employer (or your spouse’s employer) offers a Dependent Care FSA (DCFSA), this could help you save money on dependent care services. Let’s take a look at how a DCFSA works.

Deciding how much to contribute to your Flexible Spending Account (FSA) at the beginning of your plan year can feel like it’s half fortune telling and half science. The good news is that two policies: the FSA Rollover and the FSA Grace Period can help alleviate the stress of choosing the exact correct amount to contribute to your FSA each year.

COVID-19 has brought uncertainty to healthcare and rapid modifications to health savings account regulations—with more bills poised on the horizon. On May 19, 2020, Lively gathered a panel of HSA experts, including the HSA Council, to help brokers and employers navigate questions regarding HSA regulatory compliance. Plus, the insights needed to make informed decisions during the development of 2021 benefits packages.