Dependent Care Flexible Spending Account Plans (DCFSA)

A DCFSA allows employees a pretax reduction of a portion of their salaries, held in individual accounts by the employer. The individual accounts fund reimbursements of IRS-approved dependent care expenses. The expenses must be incurred to enable the employee to be gainfully employed or look for work. If the employee is married, the care must also enable the employee's spouse to work, look for work or attend school full-time (or the spouse must be physically or mentally incapable of self-care.) Employers can also contribute to DCFSAs.

EGA provides custom plan design, claims adjudication, recordkeeping, plan document preparation and regulatory compliance assistance for DCFSAs.