The Dependent Care Flexible Spending Account allows you to pre-tax child, spouse or elder care expenses that you incur in order to allow you (and your spouse, if married) to work. If married, both spouses must be working to claim dependent care expenses. A dependent is defined as:
• A dependent of the employee who is under 13 years of age.
• A dependent, spouse or parent who is physically or mentally disabled.
Our Section 125 dependent care plan runs on a calendar year basis, from January through December. Enrolling in the plan is voluntary and allows you to deduct out-of-pocket dependent care expenses from your paycheck on a pre-tax basis.
If you are interested in learning more about paying for your dependent care expenses on a pre-tax basis, or if you have been a participant in the past, but have questions about how the plan works and what type of child care expenses you can deduct on a pre-tax basis, check out the video on the Intranet under the Benefits tab > 2010 Benefit Videos > Dependent Care.
If you are currently participating in the dependent care FSA plan, an information packet with an enrollment form will be mailed to your home address the first week of November. Those not currently participating who would like an enrollment packet may request one from Kathy Martin, Benefits Specialist, at kmartin@aea11.k12.ia.us or ext. 14385.
The deadline for submitting your dependent care enrollment form for the 2011 plan year is November 30. Forms may be faxed or e-mailed to Kathy Martin, Benefits Specialist at kmartin@aea11.k12.ia.us or fax (515) 270-6562. Please follow up by mailing your original enrollment form to Kathy Martin at the Johnston Administration Center.
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