The Dependent Care Assistance Program (DCAP) allows you to set aside a “before tax” portion of your gross earnings to use for eligible dependent care expenses. DCAP reduces the amount of the federal withholding and social security taxes taken from your paycheck.
DCAP allows you to save on child or elder care expenses such as:
- General purpose day camps
- Pre-kindergarten expenses
- Registration Fees
- In-home care for an older dependent living with you
If you are a new employee, please fill out the paper enrollment form and return it to Human Resource Services within 31 days of becoming an eligible employee. As a new employee, your account is effective the first of the following month in which you submit your enrollment form. If you are an existing employee, you may sign up during the annual open enrollment period, which happens each November, or within 60 days of a special open enrollment (i.e. birth of baby, adoption.) By enrolling in November, the account is effective January 1 of the following year. In the event of a special open enrollment the account would be effective the first of the following month in which we receive your form.
Disclaimer: The information contained on this website is for informational purposes only, and does not constitute legal advice, nor does it substitute for official plan documents. All information on this website is relayed to the best of the agency’s ability, but does not guarantee accuracy. Please seek guidance from Navia Benefit Solutions or your tax advisor.