Flexible Spending Accounts: Age Limit for Day Care

If you're using your flexible spending dollars for child care and your child is older, you should know that these funds can only be used for care of a child age 13 or younger.

So, if your kid will be turning 14 within the next year, you'll want clarification on when he or she officially becomes ineligible -- it'll impact how much of those use-them-or-lose-them dollars you set aside. Get some help here.