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Dependent Care Account. This account reimburses you for expenses associated. with the care of your children or other dependents while. you (and your spouse) work or attend school full-time. The. maximum annual amount allowed for this plan is $5,000. or $2,500 for married taxpayers filing separate returns.
What Is A Health Care Flexible Spending Account (FSA)? The Health Care FSA is an employer-sponsored plan, which allows employees to elect to have amounts withheld. from their paychecks on a tax tax-deferred basis and paid into a âFlexible Spending Accountâ. You can then. submit a reimbursement request for qualified medical expenses.