25 signatures reached
To: Senator Coons, Senator Carper, Congresswoman Blunt Rochester
Tell Congress to amend FSA Dependent Care before it's too late!!
Members of Congress have introduced legislation to
address issues related to dependent care FSAs and the
COVID-19 pandemic. Several bills, including H.R. 6800,
H.R. 6958, H.R. 7008, and S. 3972, would give employers
the flexibility to allow employees to rollover all
contributions to a dependent care FSA from a plan year
ending in 2020 to a plan year ending in 2021.
We ask that you support these proposals and support our families.
address issues related to dependent care FSAs and the
COVID-19 pandemic. Several bills, including H.R. 6800,
H.R. 6958, H.R. 7008, and S. 3972, would give employers
the flexibility to allow employees to rollover all
contributions to a dependent care FSA from a plan year
ending in 2020 to a plan year ending in 2021.
We ask that you support these proposals and support our families.
Why is this important?
Caregivers stand to lose hundreds if not thousands of dollars if this situation is not resolved.
The laws and regulations governing dependent care FSAs
normally offer little flexibility to employees whose
dependent care expenditures change. Under most
circumstances, employees are not given the opportunity to
reduce or stop their dependent care FSA contributions
midyear. If reduced dependent care expenses cause
employees to have contributions remaining in their FSAs at
the end of the plan year (or grace period, if applicable), they
would stand to forfeit that balance.
Employees whose dependent care circumstances have
changed due to COVID-19 may be at risk of forfeiting FSA
contributions
The laws and regulations governing dependent care FSAs
normally offer little flexibility to employees whose
dependent care expenditures change. Under most
circumstances, employees are not given the opportunity to
reduce or stop their dependent care FSA contributions
midyear. If reduced dependent care expenses cause
employees to have contributions remaining in their FSAs at
the end of the plan year (or grace period, if applicable), they
would stand to forfeit that balance.
Employees whose dependent care circumstances have
changed due to COVID-19 may be at risk of forfeiting FSA
contributions