Tag Archives for " DCAP "

Unspent FSA Funds?

You know how I love to bring you my bad jokes. But something that’s NOT funny is unspent Flexible Spending Account (FSA) funds. FSAs are an effective way to save money on taxes while reserving money

Read more

What is a Section 125 Cafeteria Plan?

Do you have fond memories of your school cafeteria? If not, here’s a joke for you. What’s the worst thing you’ll likely find in a school cafeteria? The food! Now that you’ve

Read more

FSAs for Healthcare and Dependent Care

Did you know there are three types of employer-sponsored Flexible Spending Accounts (FSAs)? Each has its purpose, but all three allow users to pay no tax on funds set aside for necessary expenses.

Read more

Four Great Benefits for Working Parents

Many working parents find themselves struggling to make ends meet. As living costs rise, employers are looking for ways to help by offering additional benefit options. Let’s review four great benefit

Read more

Dependent Care Assistance Plan (DCAP) Frequently Asked Questions

If you pay for the care of a child, parent or other tax dependent so that you can work or attend school, you could benefit from a Dependent Care Flexible Spending Accounts (DCFSA), also known as a Dependent

Read more

Caregivers are Superheroes Who Need Care, Too!

Parents know the toll that is caring for their children. When parents have to care for their children and their parents, that toll can increase exponentially. Add working part- or full-time to the mix,

Read more

Health and Dependent Care FSAs: Carryover and Other Temporary Rules for 2021

If you had a health or dependent care FSA in 2020, there is some good news. Just prior to the new year, the Consolidated Appropriations Act, 2021 (often referred to as the second COVID stimulus bill)

Read more

VIDEO: Captain Contributor Explains Benefits Mobile Apps

Captain Contributor Explains Benefits Mobile Apps Smartphones are probably an everyday part of your life, but did you know you can use them for easy access to your benefits accounts? Whether

Read more

Enrollment: How Much Should I Put In My FSA? (Or HSA?)

During enrollment season, your company will likely be talking about benefits. If you participate in your employer’s plan, you’re probably wondering, “How much should I put in my

Read more

Virtual Day Camp: Is this a DCAP Eligible Expense?

Back during enrollment season, many parents signed up to participate in a Dependent Care Assistance Plan (DCAP) through their employer. The intention behind a DCAP is that it allows people to put

Read more

FSA FAQs: ‘When Can I Sign Up for an FSA?’ and Other Questions

With the average American household spending $5,000 per person in healthcare expenses each year, it’s no surprise that Flexible Spending Accounts (FSAs) are so popular. According to the Bureau

Read more

Benefits Villain Rap Sheets

NEFARIOUS ACTIONS 1) Says if you're fired from your job, you aren't eligible for COBRA benefits.  FALSE!  Eligibility is not affected by the reason you left your job

Read more

VIDEO: Captain Contributor Explains Preparing for Enrollment

Questions About Enrolling in Your Benefits A lot of people don’t fully understand their benefits package, and blindly make important healthcare choices. This year, challenge yourself to do

Read more

Tax-Free Talk, Enrollment Season Podcast, Ep. 3

Tax-Free Talk is a special benefits enrollment season podcast featuring host, Kathy Claimant. In this third installment of Tax-Free Talk, an enrollment season podcast, benefits superhero Captain

Read more

Tax-Free Talk, Enrollment Season Podcast, Ep. 2

Tax-Free Talk is a special benefits enrollment season podcast featuring host, Kathy Claimant. In this second edition of the Tax-Free Talk enrollment season podcast, Kathy Claimant follows benefits

Read more

Tax-Free Talk, Enrollment Season Podcast, Ep. 1

Tax-Free Talk is a special benefits enrollment season podcast featuring host, Kathy Claimant. In this funny, informative and engaging serial, Kathy Claimant hosts benefits superhero Captain Contributor.

Read more

Benefits Debit Card Overview

Benefits Debit Card Overview If you have a Flexible Spending Account (FSA), Health Savings Account (HSA), Transit/Commuter account (or other benefit account), you may be able to sign up for

Read more

DCAP Overview

Dependent Care Assistance Plan (DCAP) – A Quick Overview Do you have small children or an adult dependent who lives with you? If you answered yes, a DCAP account (Dependent Care Assistance

Read more

VIDEO: Captain Contributor Explains Dependent Care Assistance Plans

"Does the cost of paying for childcare while you’re working terrify you? Don’t worry! With a Dependent Care Assistance Plan (DCAP), you can get care for the kiddos and save money on

Read more