Flexible Spending Account (FSA) & Dependent Care Account (DCA)
Webster CSD makes available to its employees Flexible Spending Accounts (FSA) and Dependent Care Accounts (DCA).
Flexible Spending Account (FSA)
For use with non-deductible plans
2023 Annual IRS Limit: $3,050
2023 Rollover Max: $610, all other funds forfeited
Annual election taken out of 12 payrolls
(11 payrolls for Transportation and Food Service)
Dependent Care Account (DCA)
2023 Annual IRS Limit: $5,000 single or married filing jointly; $2500 married filing separately
2023: NO ROLLOVER of unused funds
Annual election taken out of 20 payrolls.