Dependent Care Flexible Spending Accounts (DCAP) allow employees to use pre-tax dollars to pay for qualified dependent care expenses.

If designed and administered the right way, a company’s Dependent Care FSA can help reduce employee stress and increase their workplace engagement — as well as their loyalty to the employer. That’s why so many companies across the U.S. use Optum Financial as their Dependent Care FSA administrator.

Employers can save up to 7.65% on their payroll taxes as employees use pre-tax dollars to cover their commuting expenses. Additionally, commuter benefits can potentially save employees more than $1,300 each year (assuming a combined tax rate of 30%). Covered expenses include parking and work-related transportation — trains, buses, subways, ferries, and vanpools.

What’s more…your employees can now use pre-tax funds to pay for uberPOOL and Lyft Line rides! Your payment card can be directly tied to Uber and Lyft for shared rides and tax savings in many major cities, via partnerships with these leading U.S. rideshare companies.

Help put your employees’ minds at ease by assisting with their qualified adoption-related expenses. With Optum Financial’s Adoption Assistance Program, employees enjoy the benefit of a pre-tax financial cushion and relief from additional paperwork headaches, allowing them to focus on what’s important—their families.

Qualified expenses include adoption fees for qualified adoptions, and related medical expenses, attorney fees, court costs, and travel costs.

Build employee loyalty and longevity – our program helps employees pursue educational goals with quick and easy tax-free expense reimbursements. Benefits include tuition payments, fees, books, supplies, and equipment.

Built-in flexibility allows employers to set dollar limits and control what coursework is reimbursable in line with career advancement goals, and employees can conveniently upload documentation online or through the Optum Financial mobile app for rapid reimbursement.

Encourage employees to make healthy lifestyle choices.

Wellness programs that promote exercise and nutrition are growing in popularity and can be very effective to attract and retain employees. Invest in your employees’ health and well-being with our Wellness Incentive Programs.