Dependent Care Expense Account Maximum increased for 2021

Good news if you use dependent care! The Internal Revenue Service (IRS) has increased the 2021 annual maximum for the Dependent Care Expense Accounts (DCEA) to $10,500 for families ($5,250 for married filing single). To start a DCEA account or increase your 2021 elections, complete the 121 Benefits Change in Participation form and email it to segip.mmb@state.mn.us. Here are a […]