New Dependent Care Regulations Just Issued - What Has Changed? Training Class

New Dependent Care Regulations Just Issued - What Has Changed? Training Seminar

• When the new rules are effective
  
• Who is a qualifying individual under the new rules
  
• What expenses now qualify for dependent care reimbursement
  
• The timing and substantiation requirements for eligible reimbursement requests
  
• Whether the dependent care account maximum of $5,000 has been changed
  
• A comparison of Dependent Care Assistant Plan versus the dependent care tax credit
  
• Will I have to amend my plan document and/or my SPD?

• Which parent is able to get reimbursed for dependent care expenses if an employee is divorced or legally separated? Does it matter if the employee is under a court order to pay childcare expenses or if the employee claims the child as a dependent on his/her tax return?
  
• Can a person work out of his or her house and still be reimbursed for dependent care expenses?
  
• What dependent care expenses can be reimbursed if a participant is not at work because she is on vacation and her child is not at day care because he is on vacation with her? Is the answer different if the participant is not at work because she is out sick?
  
• If a part-time employee only works three days a week, but has dependent care for his child five days a week, what portion of the expenses can be reimbursed?
  
• What expenses can be reimbursed if the dependent care provider is also a housekeeper who provides cleaning, cooking, and transportation services in addition to the dependent care services? What if this provider cares for two children of the participant, and one of the children is age 13?
  
• What are the rules for overnight camps and day camps? Does it matter if a day camp specializes in a particular activity, such as a computer camp or a soccer camp?