Dependent Care FSA definition

Dependent Care FSA means the Dependent Care Flexible Spending Arrangement, as set forth herein and as amended from time to time.

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Dependent Care FSA means a dependent care flexible spending account

Dependent Care FSA. The Dependent Care FSA has a minimum of $500 to a maximum of

Examples of Dependent Care FSA in a sentence

• Two separate pre-tax payroll deduction accounts; Health Care FSA and Dependent Care FSA.

• All COG employers must offer a Health Care Reimbursement Account and a Dependent Care FSA which will allow pre-tax payroll deductions for certain medical and dependent care expenses.

• Dependent Care FSA is used for reimbursement of qualifying dependent day care expenses.

• For the duration of this National Addendum, employees may continue to enroll in Dependent Care FSA for reimbursement of qualified Dependent Care expenses, and in the standard Personal Plans and Discounts voluntary benefit programs (including critical illness, accident, homeowners insurance, etc.) under the current terms and provisions in effect.

• A Dependent Care FSA will be available for child care expenses for all eligible employees regardless of their medical plan choice.

• During an election period, unit members who wish to participate shall designate the portion of their calendar year salary which they wish to have redirected to a Health and/or Dependent Care FSA (up to a maximum per plan year up to the limits allowable under the law).

• Dependent Care FSA – annual amount cannot exceed $5,000 (covers child/adult day care expenses) $ .

• Deadline to Use Dependent Care FSA Funds and Submit Dependent Care FSA Claims For all plan years, Dependent Care FSAs funds for a plan year must be used by March 15th of the following year.

• These accounts will consist of a Medical FSA and a Dependent Care FSA.

• Eligibility to Participate in Flexible Savings Accounts (FSAs): Effective January 1, 2011, members of the bargaining unit will be eligible to make pre-tax salary reductions to a Health FSA for qualified medical expense reimbursement and/or a Dependent Care FSA for qualified dependent care expenses.

More Definitions of Dependent Care FSA

Dependent Care FSA means and refers to the Dependent Care Flexible Spending Account provided for under Article V of this Plan.

Dependent Care FSA means a Dependent Care Flexible Spending Account established under the Plan, as more fully described in Article IX.

Dependent Care FSA means the bookkeeping account established on behalf of an FSA Participant in accordance with the provisions of the FSA for the reimbursement of Dependent Care Expenses under the FSA.

Dependent Care FSA. The Dependent Care FSA has a maximum of $5,000 (or $2,500 if married, filing separately) contribution per plan year (in 2023) for dependent care and may be adjusted year-by-year by federal law. The dependent care contributions go into an account through Health Equity from which, during the course of the plan year, the member can be reimbursed for their covered dependent care expenses per IRS guidelines.

Dependent Care FSA means the dependent care assistance program that allows you to use pre‐tax dollars to pay for the care of a Qualifying Individual while you are at work. This Employer has established a Dependent Care FSA for its employees.

Dependent Care FSA means the dependent care assistance program established by the Employer under a separate document. The Dependent Care FSA is a Component Plan under the Plan. It allows Eligible Employees to use pre-tax dollars to pay for many child care-related expenses that are not reimbursed under other programs.