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The Dependent Care Reimbursement Account (DCRA) assists employees of Williams College in paying for work related dependent care expenses on a tax-free basis. The IRS requires an annual enrollment for all Healthcare FSA account.   PayFlex  HealthEquity online enrollment for the 2015 plan year must be completed by December 5, 2014

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Participants may elect to set aside from $100 to $5,000 from their annual salary to pay dependent care expenses that are necessary for the employee to work. The amount of salary put in a DCRA is excluded from gross taxable income for federal and state income and Social Security tax purposes. Participants may draw on their DCRA account for the reimbursement of dependent care expenses throughout the calendar year. The expenses that may be reimbursed include expenses for services inside and outside the home, as well as expenses for services necessary for the care of both dependent children and dependent adults. Visit https://www.healthhub.com/ConsumerCenter/PlanningTools/EligibleExpenseItems.aspxDCRA Qualifying Expenses for  for a list of examples of eligible expenses.

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Claims may be filed as frequently as desired by using the PayFlex HealthHub Flex HealthEquity Card or submitting claim forms directly to PayFlexHealthEquity. accompanied by receipts. The amount to be reimbursed is the lesser of the amount of the claim or the balance of the participant's account. Claim forms are available online es.aspx. See at HealthEquity - see https://wwwhr.payflexwilliams.com/ also Benefits Claims Proceduresedu/benefits/flexible-spending/ for instructional guides and videos.

All claims for reimbursement must be submitted within three months of the end of the plan year (by March 31). If a participant leaves the College during the year, he or she also has three months after the end of the plan year (by March 31) to submit claims for DCRA expenses incurred before the date he or she has terminated employment.

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