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November 11, 2019
Question

I would like to open a dependant care FSA account for my child’s day care.

  • November 11, 2019
  • 1 reply
  • 0 views
Is there a cap for how much you earn to qualify for it? 2.what about high income individuals?Is there a different amount they can contribute or is it a uniform maximum of 5000 for a married couple whe

1 reply

Critter
Employee
November 11, 2019

The max a married couple can put in is $5000 between all jobs ...   however if either of you  are a highly compensated employee there may be a lower cap imposed on you ... ask your employer for this information.