# Plan how much to put in my health and dependent care FSAs

A contribution plan for health and dependent care FSAs, plus a spend-down calendar so you use the money and avoid forfeiting it.

- Topic: Personal Life & Wellbeing
- Framework: RTF
- Level: Standard
- Tags: Health & Wellness, Finance, Plan, Fill-in Template
- Source: https://www.thinkwithprompt.com/prompts/plan-how-much-to-put-in-my-health-and-dependent-care-fsas

## Prompt

```text
Help me decide how much to put in my flexible spending accounts and how to use them well this year.

**Accounts I have or can choose:** [health care FSA / limited-purpose FSA / dependent care FSA / HSA]
**Plan year and enrollment deadline:** [DATES]
**My plan's rules:** [grace period or carryover amount, run-out period for claims, debit card or reimbursement - check my benefits guide]
**Expected health costs:** [regular prescriptions, therapy, dental, glasses, planned procedures, deductibles and copays]
**Expected dependent care costs:** [daycare, preschool, before/after-school care, summer day camp; number and ages of children]
**Household situation:** [tax filing status; whether a spouse also has a dependent care FSA]

Give me:
1. A cost estimate table: Expense | Monthly | Annual | Certain or likely or possible.
2. A recommended contribution for each account, sized to certain and likely costs, with the reasoning. Note the annual limits that apply to me as [CONFIRM CURRENT IRS LIMIT] rather than stating figures as fact.
3. How the accounts interact: household limits on dependent care, the choice between a dependent care FSA and the child and dependent care tax credit, and HSA compatibility.
4. A spend-down calendar: when to schedule care and purchases, and when to check my balance before year end.
5. A claims checklist: receipts and documentation each account requires, and deadlines.
6. Common mistakes that lead to forfeiting money or denied claims.

This is general information, not tax advice; confirm details with my plan administrator or a tax professional.
```

## What to fill in

- DATES
- CONFIRM CURRENT IRS LIMIT

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