Citi Benefits Handbook
Dependent Day Care Spending Account (DCSA)
You can contribute between $120 and $5,000 per year on a before-tax basis to reimburse yourself for day care expenses for qualified dependents so that you (and your spouse, if you are married) can work or look for work. See "Qualifying Individuals."
You can be reimbursed for expenses incurred through the end of the plan year in which you are enrolled. You can enroll as a new employee, during the Annual Enrollment period, or within 31 days of a qualified change in status. Alternatively, you can make a change in connection with the COVID-19 guidance described under "How the Spending Accounts Work".
In addition, COVID relief provisions are noted below.
If you were enrolled in the DCSA during the 2020 and/or 2021 plan years, you will be able to carry over any unused amounts in your DCSA at year-end to be used the following year through the 2022 plan year.
Furthermore, if you were enrolled in the DCSA during annual enrollment for the 2020 plan year, you may submit DCSA expenses for reimbursement for a child up to his or her 14th birthday through the 2022 plan year. Any funds that you carry over from 2020 through the 2022 plan year can be used to reimburse eligible claims for dependents until they reach age 14.
If you have questions, call the Citi Benefits Center through ConnectOne at 1 (800) 881-3938. See the For More Information section for detailed instructions, including TDD and international assistance.
The amount of your payroll contributions will appear on your Form W-2 Wage and Tax Statement for the year in which you were enrolled.
In accordance with IRS guidelines:
- The Plan Administrator, in its discretion, may reduce the rate of contribution by certain participants during the year to ensure that the DCSA is not deemed to discriminate in favor of highly compensated employees.
- Eligible expenses submitted via paper claim with future dates of service will not be reimbursed prior to the last day of the billing period.