Dependent Care FSA
The Dependent Care FSA allows faculty and staff to pay for eligible dependent care expenses with pre-tax dollars, reducing your taxable income. The IRS sets annual contribution limits, which you can find in the current Benefits Guide on the Benefits & Wellness myBucknell page.
You can only claim expenses up to the amount currently in your account. Be aware that this is a "use-it-or-lose-it" account; any funds not used by the end of the plan year (plus a grace period for claims after the plan year or termination of employment) will be forfeited. Claims for eligible dependent care expenses must be filed within 90 days following the close of the plan year or 180 days following termination of employment, if earlier.
Eligible expenses include a variety of care services such as in-home care, daycare, preschool, eldercare, after-school programs, and day camp.
You must re-enroll and elect your contribution amount each year during open enrollment. Choose your amount carefully, as changes are generally only permitted with a qualifying life event.
For general information about Dependent Care FSAs, explore our Benefits Video Library and check out the 'Dependent Care FSA' video.
ABOVE CONTENT LAST REVIEWED AND UPDATED FOR COMPLETENESS AND ACCURACY JULY 11, 2025.