Dependent Care definition

Dependent Care. Center" (for purposes of this Section IX) shall be a facility which:
Dependent Care. Allows you to use before-tax dollars to pay for child care or for an elderly or disabled family member. Up to $5,000.00 can be contributed if married, or up to $2,500.00 can be contributed if single.
Dependent Care means the support of persons who cannot meet their own needs, such as children or functionally impaired adults.

Examples of Dependent Care in a sentence

  • Cessation of Participation A Participant who ceases to be a Participant, as provided in Section 3.02, during a Plan Year shall be entitled to reimbursement of Dependent Care Expenses Incurred before the end of the Plan Year, during which the individual ceased to be a Participant.

  • Debiting of DCAP As of the date of any payment under this Article to or for a Participant's benefit for Dependent Care Expenses Incurred during a Coverage Period, the Participant's DCAP shall be debited by the amount of the payment.

  • Reimbursement of Dependent Care Expenses If a Participant submits a claim and documentation as required by Section 8.05, and the Plan Administrator approves the claim, the Plan shall reimburse the Participant from the Participant's DCAP for Dependent Care Expenses incurred during the Coverage Period, at such times as the Plan Administrator shall prescribe, but no less frequently than monthly.

  • The claim for reimbursement may be made before or after the Participant has paid the Dependent Care Expenses, but not before the Participant has Incurred the Dependent Care Expenses.

  • Forfeiture of DCAP Funds Except as provided under Section 8.06, the amount credited to a Participant's DCAP shall only be used to reimburse the Participant for Dependent Care Expenses Incurred during the Coverage Period while a Participant, and only if the Participant applies for reimbursement by December 31, 2024, following the end of the applicable Coverage Period.


More Definitions of Dependent Care

Dependent Care means child care or adult care.
Dependent Care means the amount of expenses paid by a Participant for household or dependent care services for the care of a Dependent under the age of thirteen (13) or of a Dependent or spouse of the Participant physically or mentally incapable of caring for himself, to the extent that such expenses are incurred to enable the Participant to be gainfully employed.
Dependent Care means supervision and guidance pro- vided to an individual by a person other than the individ- ual’s parent.
Dependent Care. Tax-based program designed for employees to withhold gross earnings on a pre-tax basis to be reimbursed for qualified child or dependent day care expenses, resulting in up to $5,000 of earnings being income tax free. ORAVAX 401(K) PLAN: Allows employees to set aside up to 15% of pre-tax gross earnings free of Federal and State Tax Withholding in the plan. Available to all employees after three months of service. Enrollment: July 1 and January 1. OraVax, Inc. current makes a matching contribution of 50 percent of the first 6% of gross pay, contributed in shares of OraVax, Inc. Common Stock.
Dependent Care means dependent care expenses described in Dependent Care Assistance Program (DCAP).
Dependent Care means sick leave used to care for a person residing in the employee's household who may be legally claimed as a dependent for tax purposes.
Dependent Care means continuous care and supervision of dependents that is