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Issues and Answers on the ARPA Dependent Care FSA Change
ERISAfireLink to more items from this source
[Guidance Overview]
Apr. 5, 2021

"Following passage of CAA21, it dawned on Congress that dependent care FSA balances in 2021 would be very, very high, and come tax time in April 2022, employees would be in for quite a shock when they realized that they would have to pay income tax on upwards of $5,000 in dependent care expenses they thought would be tax-free.... ARPA was designed to solve a problem caused by CAA21; it was not designed to expand dependent care FSA benefits."

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