Administrative changes to an employee's Dependent Care election.

[Guest nb]

I'm looking for a reference that would allow making an administrative change for an employees dependent care election. Situation is two married employees that made seperate elections for dependent care deductions for amounts that when totaled are in excess of the $5,000 limitation.

What are my options as administrator. What are my obligations?

[Lisa Hand]

Your plan documents should have wording that permits you to make adjustments to insure compliance with the Internal Revenue Code, in this case Section 129.