A Dependent Care FSA (Flexible Spending Account) is a pre-tax benefit that allows employees to set aside money for eligible dependent care expenses. This can include costs for daycare, preschool, or after-school programs for children under 13, as well as care for disabled dependents. By using pre-tax dollars, employees can reduce their taxable income, resulting in potential tax savings. To participate, employees typically enroll during their employer's open enrollment period and decide how much to contribute for the year. Funds must be used for qualifying expenses incurred during the plan year, and any unused money may be forfeited, depending on the plan's rules.