Question
May a mistaken dependent care FSA (DCAP) election be cancelled or corrected retroactively?
During annual open enrollment, Employee X elected coverage under her company's pre-tax dependent care assistance plan (DCAP, a/k/a dep.... Sign In For Access
125 Cafeteria PlansFSAAsked on July 30, 2014
M. Ployer
Answered
Erissa Geek
Probably not. The tax vehicle through which employees fund a DCAP/Dependent Care FSA with pre-tax salary reduction elections is the em.... Sign In For Access
Reviewed & approved
July 30, 2014
Jay D. Lawyer