News
March 15, 2021
Stimulus Act Raises Dependent Care FSA Limits, Adjusts Tax Credit
The American Rescue Plan Act (ARPA), signed into law on March 11, raises pretax contribution limits for dependent care flexible spending accounts (DC-FSAs) for calendar year 2021. It also increases the value of the dependent care tax credit for 2021.
For more information, visit https://www.shrm.org/ResourcesAndTools/hr-topics/benefits/Pages/American-Rescue-Plan-Act-raises-depe
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