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NEW 2022 Brochure for Dependent Care Assistance Plan FSA Benefit Plan Document

 

Core DCAP Dependent Care FSA Plan DocumentDecember 31, 2021 – The Core DCAP FSA allows tax-free employee dependent care expenses up to $5,000 annually. Employees save up to 40% in income taxes ($2,000 year). Employers also save the 7.65%  matching FICA Social Security and Medicare tax ($382.50 per employee).

Employers can establish a Dependent Care Assistance FSA benefit simply by establishing a written plan document, a requirement of the IRS, and distribute a benefit summary plan description to every employee, a requirement of the Department of Labor.

Core Documents can provide you with everything you need to establish a Section 129 Dependent Care Assistance FSA including the: Plan Document, Summary Plan Description, Election/Claim Forms and a complete Do-It-Yourself Administration Guide.

The basic PDF plan document package delivered via email is only $129, the deluxe printed plan document package in 3-ring binder plus the PDF email version is $179.00.

Tax Savings Calculations
• $5,000 Maximum X up to 40% payroll taxes = up to $2,000 savings per employee
• $5,000 Maximum X 7.65% Matching FICA Tax = $382.50 savings to the employer per employee

The IRS and DOL only require employers to adopt a formal plan document and SPD to define the benefit design in writing. Then you start saving money.

Online encrypted Order Form: https://www.coredocuments.com/fsa_online_order_options.php

Fax/Email Order Form: https://www.coredocuments.com/image/CoreDCAP_FSA_Order_Form.pdf

Brochure: https://www.coredocuments.com/wp-content/uploads/2017/11/Core-Section-129-Dependent-Care-Assistance-FSA-Plan-Document-Forms.pdf