Common use of Dependent Care Account Clause in Contracts

Dependent Care Account. The Dependent Care Account (DCA) plan works like the Flexible Spending Account, except you use the DCA to pay (with ―before-tax‖ dollars) eligible child and/or elder daycare expenses. Eligible expenses include daycare expenses you incur while you (and your spouse, if you are married) work. The annual benefit maximum is $5,000 All full-time employees will receive a $600 employer-funded contribution to either the FSA or the DCA. Part-time employees who are paying 50% of their premium will also be eligible to receive a $530 employer-funded contribution to either the FSA or the DCA.

Dependent Care Account. The Dependent Care Account (DCA) plan plans works like the Flexible Spending Account, except you use the DCA to pay (with ―before-tax‖ “before- tax” dollars) eligible child and/or elder daycare expenses. Eligible expenses include daycare expenses you incur while you (and your spouse, if you are married) work. The annual benefit maximum is $5,000 All full-time employees will receive a $600 employer-funded contribution to either the FSA or the DCA. Part-time employees who are paying 50% of their premium will also be eligible to receive a $530 employer-funded contribution to either the FSA or the DCA5000.

Dependent Care Account. The Dependent Care Account (DCA) plan works like the Flexible Spending Account, except you use the DCA to pay (with ―before-tax‖ dollars) eligible child and/or elder daycare expenses. Eligible expenses include daycare expenses you incur while you (and your spouse, if you are married) work. The annual benefit maximum is $5,000 All full-time employees will receive a $600 400 employer-funded contribution to either the FSA or the DCA. Part-time employees who are paying 50% of their premium will also be eligible to receive a $530 400 employer-funded contribution to either the FSA or the DCA.