DCA Account

Dependent Care Flexible Spending Accounts Save on care for the ones you care about most Your dependents—your children, aging parents, or family members with special needs— rely on you for care, even when you’re not around. Save money on those services with a dependent care 昀氀exible spending account. What is a Dependent Care FSA? A Dependent Care Flexible Spending Account (FSA) is an employer- sponsored plan that allows you to use tax-free dollars to pay for eligible CONTRIBUTE SPEND FUNDS 2 1 1 dependent care expenses incurred while you’re participating in the plan. PRE-TAX FUNDS TAX-FREE 1 The amount saved in taxes will vary depending on the amount set aside in the account, annual earnings, whether or not Social Security taxes are paid, the number of exemptions and deductions claimed, tax bracket and state and local tax regulations. Check with a tax advisor for information on whether your participation will a昀昀ect tax savings. None of the information provided should be considered tax or legal advice. 2 The list of eligible expenses are set by federal regulations and are subject to change. Contact your Plan Administrator for more information or visit www.irs.gov for details.

Which expenses are eligible? To qualify, expenses must be related to the care of a dependent child (under age 13, or any age with special needs) or dependent adult, and must enable you to work or attend school full-time. For a complete list of restrictions and quali昀椀ed expenses, refer to IRS Publication 503: Child and Dependent Care Expenses. Expenses that may DAYCARE ADULT DAY PROGRAMS qualify include: AFTER-SCHOOL CARE IN-HOME CARE PRESCHOOL SUMMER DAY CAMP 2025 Contribution Limits (MARRIED EMPL (MARRIED OR O YEE FILING SEP ARA TEL Y) SINGLE PARENT) $2,500 $5,000

The funds in your Dependent Care FSA are use-it-or-lose-it, so it’s important to accurately estimate your upcoming expenses. Remember, you must spend the entire balance for the plan year or forfeit any remaining funds. You’ll choose your contribution amount when you enroll during your employer’s open enrollment period. Keep in mind that some plans o昀昀er a Grace Period, which allows for extra time to incur new claims against your remaining balance. How to use a Dependent Care FSA Before Open Enrollment To do: Before your employer’s open enrollment period, take time to accurately estimate your upcoming expenses. Use that estimate to identify a Estimate upcoming contribution amount. dependent care During the plan year expenses During the plan year, you will be able to quickly and easily make payments Identify an annual for eligible expenses using pre-tax dollars. election amount Unlike Health FSAs, the funds are available as they are contributed and the Enroll in your plan annual election amount will not be available for you to spend right away. You will fund the account with equal, tax-free deductions throughout the year—one in each paycheck. You’ll use just one debit card to pay, whether you have one Voya Financial Make pre-tax 昀氀exible spending account or multiple accounts. Receipts are required, contributions and you’ll be able to submit them using the online portal or mobile app. Pay for eligible expenses If you forget or are unable to use the card, don’t worry; you can still get Submit receipts reimbursed. Simply add a bank account to your account pro昀椀le and use the app or online portal to request a direct deposit. Get reimbursed At the end of the plan year At the end of the plan year, you’ll review your actual expenses and re-enroll. Make sure you’ve spent Use the mobile app or online portal to monitor your account and ensure your balance you’re on track to spend all of your funds. Then, consider whether you spent more or less than your total contribution Review your estimated amount. Was your contribution too small? Or too much? vs. actual amounts Use that information to update your annual contribution as you re-enroll, Re-enroll during your employer’s next open enrollment period.

Less hassle, more 昀氀exibility When you choose a 昀氀exible spending account from Voya Financial, you get access to tools that make account management easy. Prepaid debit card Spend tax-free dollars on eligible health, dependent care and/or commuter expenses using just one card. Smart card technology is coded into your card, so it can automatically pull funds from the proper account. Convenient mobile app Capture receipts, reimburse yourself for out-of-pocket expenses, view your account balance, complete transactions and more, all on the go with your mobile device. Secure online portal Complete the same tasks you can with the app—plus 昀椀le claims, get email noti昀椀cations and more through a secure consumer portal. Make the most of each paycheck by paying for dependent care expenses with pre-tax dollars. Keep it easy by choosing a Dependent Care FSA from Voya Financial. Flexible Spending Accounts o昀昀ered by Voya Bene昀椀ts Company, LLC (in New York, doing business as Voya BC, LLC). This highlights some of the bene昀椀ts of a Flexible Spending Account. If there is a discrepancy between this material and the plan documents, the plan documents will govern. Subject to any applicable agreements, Voya and its subcontractors reserve the right to amend or modify the services at any time. The amount saved in taxes will vary depending on the amount set aside in the account, annual earnings, whether or not Social Security taxes are paid, the number of exemptions and deductions claimed, tax bracket and state and local tax regulations. Check with a tax advisor for information on whether your participation will a昀昀ect tax savings. None of the information provided should be considered tax or legal advice. ©2024 Voya Benefits Company, LLC (in New York, doing business as Voya BC, LLC). All rights reserved. CN3273604_1225 207908 207908ENG_1024