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Dependent Care Spending Account
This program allows W International associates to use pre-tax dollars towards qualified
dependent care such as caring for children under the age of 13, handicapped
dependents, and/or elderly parents. The care must be needed so that you and your
spouse (if applicable) can go to work. Care must be given during normal working hours
(instances such as Saturday night babysitting does not qualify) and cannot be provided
by another of your dependents.
The annual maximum amount you may contribute to the Dependent Care FSA is $5,000
(or $2,500 if married and filing separately) per calendar year. Features of this plan
include:
• Plan Year: 02/01/2024 - 01/31/2025
• Annual Maximum Election: $5,000 (or $2,500 if married and filing separately)
A Run-Out Period is a pre-determined period after the plan year ends. During this time period,
you may file claims for expenses incurred during the plan year.
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Example: On December 31 , your plan year ends, but your plan includes a 90-day Run-Out Period.
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You have until March 31 to submit claims incurred from the previous year.
Note: This is intended to be an easy-to-read summary (not a contract); the above items are only highlights of the spending accounts. Additional
limitations and exclusions may apply to covered services. For a full description of eligible expenses, please contact isolved Benefit Services.
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