Dependent Care Advantage Account (DCAA) Program updates for 2021: Contribution levels increased, and election amounts can be changed without a change-in-status event reason
The 2021 Dependent Care Advantage Account (DCAA) has been modified to include two changes allowed by the Consolidated Appropriations Act, 2021, and the American Rescue Plan Act of 2021:
The maximum contribution levels have been increased from $2,500 to $5,250 for single or married filing separately, and from $5,000 to $10,500 for married filing jointly or head of household.
Employees are now allowed to prospectively change their DCAA election amounts without a qualifying change-in-status event reason. The change event reason will appear to employees as: “No reason (Consolidated Appropriations Act).” This change in status event reason is available to employees who want to enroll, change, re-start or terminate their 2021 DCAA. Changes will be applied to the next available payroll date for processing.
Employees who are already enrolled in the DCAA program will be notified of these changes directly by WageWorks/Health Equity.
Employees can change their election amount by submitting a change in status online at https://goer.ny.gov/change-status or by calling a customer service representative at 800-358-7202.
For additional information, employees can email fsa@goer.ny.gov or call WageWorks/Health Equity at 1-800-358-7202.