Gerry Posted September 13, 2018 Report Share Posted September 13, 2018 If a group offers a DCFSA plan on an off calendar year (02/01-01/30), can an employee change payroll contributions so that his entire election amount ($5000) worth of contributions to be reported on his W-2 for the calendar year and stop contributions for the last month of the plan year (Jan)? If allowed, will this impact the new plan year election amount? Link to comment Share on other sites More sharing options...
Belgarath Posted September 14, 2018 Report Share Posted September 14, 2018 My non-expert opinion is no. There are certain exceptions in the regulations that allow election changes in various circumstances, but as far as I can tell, this isn't one of them. Link to comment Share on other sites More sharing options...
Ridgerunner Posted September 18, 2018 Report Share Posted September 18, 2018 This might help: https://ttlc.intuit.com/questions/4166827-dependent-care-fsa-leftover Link to comment Share on other sites More sharing options...
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