The Dependent Care Assistance Program (DCAP) allows you to set aside a portion of your gross earnings pre-tax to use for eligible dependent care expenses. DCAP reduces the amount of the federal withholding and social security taxes taken from your paycheck. The annual election limits for 2023 are $5,000 per household ($2,500 each if married filing separately).
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
New employees will make DCAP elections as part of their New Hire enrollment package in Workday. As a new employee, your account is effective the first of the following month in which you submit your enrollment. If you are an existing employee, you may sign up during the annual open enrollment period in November, or within 60 days of a special open enrollment event (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.
For graduate students and post-doctorates funded through a Ruth L. Kirschstein National Research Service Award (NRSA), please see NOT-OD-21-074 for information on addressing Childcare Costs. Note: graduate students are not eligible for the DCAP benefits described above, but may be eligible for assistance under the NRSA.
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.