Dependent Care

Dependent Care FSA

• Maximum amount you can set aside per calendar year for reimbursement of eligible dependent care services, as defined by IRC Section 21(b), is limited to the smallest of the following amounts:
  • $5,000 if single or if married and filing jointly; $2,500 if married and filing
  • The earned income of the
  • The earned income of the participant’s
• For active participants:
  • Eligible services must be provided:
    • after your effective date in the Plan and
    • during the Plan Year or the 2 ½ month grace period following the end of the Plan.  The grace period ends September 15.
  • If you become ineligible (including termination of employment) during the Plan Year:
    • Eligible services must be provided:
      • after your effective date in the Plan and
      • during the Plan Year in which you become