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Frequently Asked Questions

Can I put money aside on a pre-tax basis to pay for dependent, elder, or health care expenses?

FAQs - Human Resources, SUNY Fredonia
The Dependent Care Advantage (DCA) Account is a flexible spending account program governed by the regulations of the Internal Revenue Service. The program provides State employees with the opportunity to pay for childcare, elder care, or other dependent care expenses on a pre-tax basis. Participation in this program allows employees to set aside up to $5,000 annually in pre-tax salary to pay for their dependent care expenses. See similar questions...

How much pre-tax salary can I set aside in my LEX HCFSA for dental and vision care expenses?

High Deductible Health Plans(HDHP) with Health Savings Accou...
Yes, all dependents you claim on your Federal Income Tax return, or with whom you jointly file your taxes. By establishing an LEX HCFSA, you can save money on taxes by using FSA dollars for dental and vision care while preserving your HSA funds for other purposes, including simply saving those funds for the future. See similar questions...

Can I use the money in my Health Care FSA to help pay for dependent care expenses?

Health Care FSA FAQs (Human Resources)
No. Contributions allocated to one benefit account can only be used to pay a claim from that benefit program. For example, your contributions to your Health Care FSA cannot be used to pay a dependent care expense. See similar questions...

Question: Are premiums paid on a pre-tax basis?

OPM-Federal Dental and Vision Program
Answer: Premiums are paid on a pre-tax basis (premium conversion) if you are an active employee and your salary is sufficient to make the premium withholding. Pre-tax premiums are not available to annuitants, survivor annuitants or compensationers. See similar questions...

Can I claim dependent care expenses under my Dependent Care FSA after my child turns 13 years old?

Frequently Asked Questions
Expenses for dependent care no longer qualify for the Dependent Care FSA on the day your child turns age 13 unless they have been certified as incapable of self-care. Care for dependents incapable of self-care qualifies to any age as long as it is for care and well-being while you are working or looking for work. No. Only charges for care and well-being in order for you to work or look for work qualify for your Dependent Care FSA. See similar questions...

Can money in a Medical FSA be used for Dependent Care expenses and vice versa?

Benefit Specialists of NY
No. Money directed to one type of account can be used only for expenses relating to that account. This is true even if all the money in one account is not used and the other account runs short. Participants will forfeit any money left in the account after they have submitted claims for the entire year. Reminders are sent to the employee to minimize this risk. See similar questions...

How much money can I put in the dependent care account?

FAQs
You can make an annual contribution ranging from $130 to $5,000 (or $2,500 each if you are married and file your taxes separately). You can go to the Internal Revenue website at www.irs.gov and view IRS Publication 502 (Medical and Dental Expenses) and IRS Publication 503 (Child and Dependent Care Expenses). See similar questions...

Is the premium deducted on a pre-tax or after-tax basis?

Frequently Asked Questions: Short Term Disability, Benefits,...
Contributions deducted from an employee's paycheck deducted on an after-tax basis subject to income tax and both Medicare and social security taxes. See similar questions...

How will Flexible Spending Accounts (FSA's) for Dependent Care and/or Health Care save me money?

ERACPeople - Enrollment Questions
You can reduce your taxes and increase your spendable income by setting aside pre-tax dollars in a Dependent Care Spending Account and/or Health Care Spending Account. Through these accounts you can pay for qualifying dependent care expenses up to $5,000 annually and/or qualifying health care expenses up to $3,000 annually. Enterprise pays all administrative costs for this benefit. See similar questions...

Can I transfer money from my health care FSA to my dependent care FSA or vice versa?

Flexible Spending Account (FSA)
The health and dependent care spending accounts are two separate benefit plans. Per IRS regulations, you cannot transfer money between the two accounts. See similar questions...

Can I use a dependent care FSA for elder care?

Flexible Spending Account (FSA)
You can use the spending account for eligible daycare expenses so that you (or you and your spouse) can work if: a. You are responsible for at least 50 percent if the support of an elderly parent or any person living with you who is physically or mentally incapable of self-care. You also can use the dependent care spending account if the elder care is needed because you work and your spouse is a full-time student. Yes. See similar questions...

If I pay my dependent care provider in advance of the services, can I file my claim when I pay?

Frequently Asked Questions
No. You may file claims for services provided after the period of service claimed has been provided in full. You may claim services as frequently or as infrequently as you prefer, but you cannot claim future services. See similar questions...

How do I add or remove a dependent from my health care coverage?

ILWU-PMA Benefit Plans - Frequently Asked Questions
You can download and print the form from our forms page. You may also obtain a form by calling our office at (415) 673-8500. See similar questions...

What are eligible dependent care expenses?

Dependent Care FSA FAQs (Human Resources)
Eligible expenses include many of the expenses you pay for the care of your eligible dependents while you work. You can use pre-tax dollars in an FSA to pay for day care services provided to your children under age 13, as well as an incapacitated parent or spouse. See similar questions...

What kinds of dependent care expenses are paid?

San Mateo County -- Human Resources Department --
Babysitting Before or after school, or preschool Daycare Eldercare Exceptions: Cannot reimburse spouse or dependent (under age 19) Cannot reimburse someone you claim as dependent for income tax purposes Cannot reimburse for tuition See similar questions...

What expenses are ineligible under a dependent care FSA?

CONEXIS FSA FAQs - Dependent Care
Registration fees or administrative fees that are attributed to materials or administrative type fees This list is not all-inclusive. If you have questions regarding whether an expense is eligible or ineligible under a dependent care FSA, please call CONEXIS at (877) 864-9549 See similar questions...

What are qualifying expenses for child and dependent care?

Frequently Asked Tax Questions
Qualifying expenses are for the care of a qualifying person with the main purpose of the expense being See similar questions...

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