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Preschool and Daycare Discussion
Reply to "FSAFEDS Child Care Account Experience"
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[quote=Anonymous][quote=Anonymous]Crazy this just popped up because I'm on their website now. I elected to put the whole 5k amount in and $192 is deducted from each paycheck. I only have $3800 so far, so I'll wait to get reimbursed once it hits 5k. I guess I expected the full 5k to be available to me now like a healthcare FSA. You definitely pay daycare and then get reimbursed off of the receipt. I'm hoping it's easy because I'm at an inhome daycare where I pay by check. I assume a regular daycare would have more formalized receipts.[/quote] You can put in to be reimbursed at any time during the year. It'll just come back to you as the money is available - biweekly or whatever. It's a little annoying, but painless really. [/quote]
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