All About Further’s Dependent Care Assistance Program (DCAP)

As fall approaches, parents are making decisions about what care their children will need during the new school year. Child care can be a significant expense for many families. In fact, according to a recent survey, 59% of families estimated they’ll spend more than $10,000 on child care in 2021. With open enrollment just…

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DCAP Payroll Contributions: Information for Employers Now and in 2021

DCAP Payroll Contributions: Guidance for Employers Now and in 2021

The end of the year, and specifically during open enrollment, is a time during which many people budget for anticipated expenses for the coming year. However, 2021 will not bring about a return to pre-COVID-19 “normal,” at least for the first several months.  For those employees with dependent care assistant program (DCAP) accounts, also known…

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DCAP’s Use It or Lose It: Information for Brokers Regarding DCAP in 2020

help for brokers with DCAPs

The 2020 pandemic has disrupted everyone’s life. And working parents of young children have been among the most challenged. School, daycare and workplace closures have required such employees to supervise their children’s education while working from home. With most of us believing our worlds would return to pre-pandemic normal by late summer, no one gave…

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Six Ways to Leverage the Dependent Care Assistance Program (DCAP)

6 tips to take advantage of your dcap

For parents and legal guardians, paying for dependent care adds up quickly. A Dependent Care Assistance Program (DCAP), also known as a Dependent Care FSA, is an employee-sponsored reimbursement program that lets employees use pre-tax dollars to pay for a dependent’s day care and other necessary expenses, while the employee is at work. Examples of…

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