The Dependent Care Spending Account allows you the opportunity to set aside up to $5,000, pre-tax to pay for out-of-pocket expenses for dependent care (child, adult, or elder).  The maximum contribution depends on your tax filing status.

Eligible expenses include:

Generally, child, adult, and elder care costs that allow you and your spouse to work or actively look for work are eligible for reimbursement. If you are married, your spouse must work, be a full-time student, or be mentally or physically incapable of self-care. Payments for dependent care services provided by your dependent, your spouse's dependent, or your child who is under age 19 are not eligible for reimbursement.

For more information regarding this plan, see your health insurance handbook.

You can also download forms for the 2006 plan year by clicking here.

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Last Update: 12/13/2006

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