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Dependent Care Reimbursement Account (DCRA) |
This voluntary benefit plan offers eligible employees the ability to pay
for eligible out-of-pocket expenses for dependent care with pre-tax dollars if the
care is required in order for the employee (and spouse, if married) to work.
Enrollment Information:
- Complete
Enrollment
Form » (.pdf) and return to HR Services.
- Can contribute $20 to $416.66 each month ($5,000 maximum per year) to
personal account.
- Deducted from pay before federal, state and Social Security (FICA)
taxes.
- Must re-enroll during the annual open enrollment period each fall to
participate during following calendar year. (Can change contribution amount at
that time.)
Reimbursement Information
- File claim for reimbursement by completing
Claim Form »
(.pdf), attaching documentation and mailing to
ASI
P.O. Box 6044
Columbia, MO 65205-6044
or fax to (573) 874-0425.
- For expenses to be eligible:
- Dependent must be child under 13 for whom employee or spouse is entitled to
claim dependent status on income tax return, or spouse who is unable to care for
him/herself, or a financially dependent member of employee's household; and
- Care must be required in order for employee to be gainfully employed and,
if married, spouse also must be employed or actively looking for work.
- See DCRA
Brochure » (.pdf) for additional eligibility rules.
- Money left in employee's account after expenses are paid for the year is forfeited.
More Information
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Last Updated:
November 28, 2007
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