What is an FSA?

An FSA is a tax-advantaged benefit plan whose funds are exempt from taxes. Your out-of-pocket health care expenses are eligible for reimbursement if the expenses are for medically necessary care or treatment incurred during the Plan Year. If you have dependents, your out-of-pocket expenses for their health care and treatments are eligible too!

What is Dependent Care Assistance?

A Dependent Care Assistance Plan (DCAP) is a tax-exempt benefit you can use to pay your out-of-pocket expenses for the custodial care of dependents claimed on your federal income tax return. Your account in the Plan is funded by tax-free dollars that you set aside from your paycheck in order to use as payment for eligible day care type services.

What is Dependent Care Assistance? Plan Rules:

• Eligibility: Full-time employees working 20 or more hours per week, spouse, and children (up to age 26)
• Coverage through Medcom
• Plan year is from July 1- June 30 and employees must re-enroll each year
• Only family status changes will allow you to change your annual election. The altered election must be
consistent with the status change
• Married and not filing jointly participants limited to $2,500 deferral for Dependent Care
• Transfer of funds between the Dependent Care and Medical Care accounts are not allowed
• **NOTE: BCS Childcare NOT eligible to use Dependent Care funds
• Please visit your Employee Benefits website for a complete listing of eligible expenses and



Phone: 800-523-7542, option 1



Important Notes

The Buford City Benefit Portal is provided for illustrative purposes only. Actual benefits, services, premiums, claims processes and all other features and plan designs for coverage offered are governed exclusively by the provider contract and associated Summary Plan Description (SPD).