DCAP

How the American Rescue Plan Act of 2021 Impacts Dependent Care Assistance Programs

How the American Rescue Plan Act of 2021 Impacts Dependent Care Assistance Programs

Anne Newhouse
 

The American Rescue Plan Act of 2021 includes an optional (but not required) temporary change for the calendar year of 2021 to increase the maximum pretax contribution limit from $5,000 to $10,500 for dependent care assistance programs (DCAPs). For individuals who are […]