A Dependent Care Flexible Spending Account (FSA) is a special savings account that allows employees to set aside pre-tax money to pay for eligible dependent care expenses. These expenses can include costs for daycare, preschool, or summer camps for children under the age of 13, as well as care for disabled dependents. By using an FSA, employees can reduce their taxable income, which can lead to tax savings. Employees can contribute a specific amount to their Dependent Care FSA each year, up to a limit set by the IRS. Funds in the account can be used to reimburse eligible expenses as they are incurred. It's important to note that any unused funds may be forfeited at the end of the plan year, so careful planning is essential to maximize the benefits of this account.