Page 11 - 2019 CareHere Enrollment Guide
P. 11
CAREHERE
Dependent Care FSA Eligible Expenses
The dependent care FSA lets you set aside pre-tax dollars to use toward
qualified dependent care expenses. The maximum amount you may contribute Healthcare FSA
to the dependent care FSA is $5,000 (or $2,500 if married and filing separately) Doctor’s visit copays
per plan year. Funds you contribute to the dependent care FSA function like a Vision care
debit card; you need to accumulate the funds before you can use them.
Preventive prescription drug
Use It or Lose It copays
Carefully consider your FSA contribution amounts for 2019. At the end of Medical and dental
deductibles
the calendar year, you have three months to file claims incurred during the
plan year and as mentioned previously may roll over up to $500 of unused Over-the-counter
healthcare funds. If you have more than $500 in funds at the end of the plan medications (with a written
year, you will forfeit remaining funds. prescription)
Hearing aids
The dependent care FSA does not have a roll over benefit and all claims for the
previous year must be submitted by the March 31, 2019 filing deadline. Eyeglasses
Dependent Care FSA
Cost of child or adult
daycare*
Nursery school
Preschool (excluding
kindergarten)
* Eligible dependent: tax dependent
child under age 13; tax dependent
spouse, parent, or child unable to
care for themselves
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Dependent Care FSA Eligible Expenses
The dependent care FSA lets you set aside pre-tax dollars to use toward
qualified dependent care expenses. The maximum amount you may contribute Healthcare FSA
to the dependent care FSA is $5,000 (or $2,500 if married and filing separately) Doctor’s visit copays
per plan year. Funds you contribute to the dependent care FSA function like a Vision care
debit card; you need to accumulate the funds before you can use them.
Preventive prescription drug
Use It or Lose It copays
Carefully consider your FSA contribution amounts for 2019. At the end of Medical and dental
deductibles
the calendar year, you have three months to file claims incurred during the
plan year and as mentioned previously may roll over up to $500 of unused Over-the-counter
healthcare funds. If you have more than $500 in funds at the end of the plan medications (with a written
year, you will forfeit remaining funds. prescription)
Hearing aids
The dependent care FSA does not have a roll over benefit and all claims for the
previous year must be submitted by the March 31, 2019 filing deadline. Eyeglasses
Dependent Care FSA
Cost of child or adult
daycare*
Nursery school
Preschool (excluding
kindergarten)
* Eligible dependent: tax dependent
child under age 13; tax dependent
spouse, parent, or child unable to
care for themselves
11
