DEPENDENT CARE FLEXIBLE SAVINGS ACCOUNT WHAT IS A DEPENDENT CARE FSA? TheDependentCareFSA, administeredbyBankof America, allows you to pay for day care, in-home childcare and before or after school care for dependents under age 13. A Dependent Care FSA does not cover any medical, dental, vision or pharmacy expenses. DEPENDENT CARE FSA DETAILS • $5,000 per family • $2,500 if married and filing separately • Elections cannot be changed throughout the year unless you experience a qualifying life event. YourDependent Care FSA will automatically be opened on your behalf by Bank of America. Once your enrollment has been successfully processed, awelcomekitincluding step-by-step instructions onhowtomaximizethebenefits of your account will be emailed to you. If you have not yet added your email information to MyADP, the welcome kit will be mailed to your home address within 5-7 business days. 28