Dependent Care Fsa Highly Compensated 2024. Highly compensated faculty and staff (family gross earnings in 2023 of. Budget for care costs, save on taxes.

The internal revenue code (irc) allows pretax contributions to fsas as long as the benefit does not favor. The employee incurs $9,000 in eligible dependent care expenses in 2021, using up the entire amount available in his dcfsa ($4,000 from 2020 and $5,000 from 2021).