Dependent Care Expense means an employment-related expense necessary for gainful employment of the Participant under the standards established in Section 21(b) of the Code.
Dependent Care Expense means employment-related expenses incurred on behalf of a person who meets the requirements to be a “qualifying individual,” as defined in the first bulleted item below. All of the following conditions must be met for such expenses to qualify as dependent care expenses that are eligible for reimbursement:
Dependent Care Expense means the Participant’s payment or provision of services considered employment-related expenses under Section 129 of the Code. This section relates to expenses for household and dependent care services necessary for gainful employment.
Examples of Dependent Care Expense in a sentence
Claims for Adoption Assistance Expense, Dependent Care Expense and/or Medical FSA expense Qualified Benefits shall be paid in accordance with the terms of the Plan.
More Definitions of Dependent Care Expense
Dependent Care Expense means amounts paid or incurred by you for “household services” or for the care of a Dependent, either inside or outside of your home, subject to the limitations in Section 5.5, in order to enable you to be gainfully employed for any period for which you have one or more Dependents. In the case of dependent care provided outside of your home, where the person or facility providing the care cares for more than six individuals, expenses will be considered Dependent Care Expenses only if the person or facility complies with all applicable state and local laws and the benefits are provided (1) for the care of your Dependent child under the age of 13 or (2) any other Dependent who regularly spends at least eight hours each day in your household.
Dependent Care Expense means an expense incurred by a Participant which is an employment-related expense as defined for purposes of Section 21(b) of the Code.
Dependent Care Expense means an expense incurred by the Participant for dependent care as provided under IRC Section 129. Only expenses incurred while the Employee is a Participant for such Plan Year are recognized. Art. IV, 4.01(b)
Dependent Care Expense means an expense incurred by a Participant which: (a) is incurred for the care of a Participant's Dependent to enable the Participant to be gainfully employed; and (b) is paid or payable to a Dependent Care Service Provider. The term "Dependent Care Expense" shall not include an expense incurred for services outside the Participant's household for the care of a Dependent unless such Dependent: (i) is under the age of 13; or (ii) regularly spends at least eight hours each day in the Participant's household.