Examples of Dependent Care FSA in a sentence
This event only applies to group health benefits and not to the Dependent Care FSA or other non-health benefits.
The availability of a new dependent care provider is a coverage change that will allow you to make a corresponding change to your Dependent Care FSA election.
This event does not apply to the Dependent Care FSA or other non-health benefits.E. Entitlement to Medicare or Medicaid Event: Allows you to make a change if you, your spouse, or your dependent enrolls in or loses Medicare or Medicaid coverage.
This event does not apply to the Dependent Care FSA or other non- health benefits.D. Court Order Event: Allows you to make a change in accordance with a court order regarding health coverage of your child.
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.
If a dependent care provider increases or decreases the cost of care, it is a cost change that allows you to make a corresponding change to your Dependent Care FSA election so long as the dependent care provider is not a relative.Additionally, the availability of a new dependent care provider is a coverage change that will allow you to make a corresponding change to your Dependent Care FSA election.This event does not apply to the Health Care FSA.
Through the FSA program, you can reduce your taxable income without reducing your real income, so that you can keep more of the money you earn.Employees in the following employment classifications are eligible to participate in the Flexible Spending Account program:* Regular full-time employees* Regular part-time employees eligible for health insurance benefitsParticipation in the Health Care and/or Dependent Care FSA is optional and determined on an annual basis for the plan year.
The maximum contribution for your health care expenses and/or Dependent Care FSA is established annually by the IRS.
Dependent Care FSA is used for reimbursement of qualifying dependent day care expenses.