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FEDLIFE PODCAST: Understanding Dependent Care FSAs and More

01/03/2022

Dan Sipe and Ed Zurndorfer finish the year highlighting some important topics surrounding Dependent Care FSAs, different types of taxable and non-taxable conversions, and more information to help you end your year financially stable.

FEDLIFE PODCAST: Ep. 65: Understanding How the Dependent Care FSA Can Work for You and More…



Understanding what is available to you as a federal employee for different benefits and tax breaks can be overwhelming, and finding the information you need can be time-consuming. 

That’s why Serving Those Who Serve is all about making this information easy to understand and readily available to all of our listeners — and this year-end episode is no different! 

Dan and Ed discuss:

  • The two different types of Dependent Care FSAs
  • Who qualifies for dependent care and what are qualifying expenses 
  • The 2021 bump to the Dependent Care Tax Credit and other recent congress changes 
  • Why December is a good time to do a Roth Conversion
  • What types of conversions are taxable, and which ones aren’t 
  • Reasons to not push yourself into a high overall marginal tax bracket 
  • No more Roth Conversion do-overs and what that means for your accounts 
  • Required minimum distributions before starting Medicare 
  • And more!
Dependent Care FSA

Dependent Care FSA

PODCASTS

FEDLIFE Podcast

The FedLife Podcast is your in-depth, biweekly deep dive into the world of federal benefits and retirement planning. Hosted by federal benefits expert Ed Zurndorfer and Dan Sipe of Serving Those Who Serve, each 30-minute episode unpacks the complexities of FERS and CSRS retirement, FEHB and Medicare, survivor benefits, tax planning, and more. Designed for federal employees and retirees who want more than just the basics, FedLife goes beyond the headlines to explore the rules, nuances, and strategies that can make a meaningful difference in your retirement. Remember: it’s your Fed life, make it a great one.

 

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FED15 Podcast

The Fed15 Podcast is your weekly 15(ish)-minute briefing on federal benefits and financial planning, built specifically for federal employees and retirees. Hosted by Dan Sipe and Katelyn Murray of Serving Those Who Serve, each episode delivers clear, actionable guidance on topics like FERS and CSRS retirement, TSP strategies, FEHB, survivor benefits, tax planning, and more! Whether you’re five years from retirement or already there, The Fed15 helps you cut through the noise, avoid costly mistakes, and make confident decisions about your federal benefits.

 

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