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What is automatic dependent care reimbursement?

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What is automatic dependent care reimbursement?

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Automatic dependent care enables participants to be automatically reimbursed for dependent care expenses by filling out one form instead of filing multiple claims throughout your plan year. Automatic dependent care works in one of two ways: If the cost of child care per month meets or exceeds your monthly payroll deduction, reimbursement will be issued as payroll deductions post to your Dependent Care Reimbursement Account. If the cost of daycare is less than your monthly payroll deductions, reimbursement will be made once per month at the end of the month. To set up automatic dependent care reimbursement, complete the FSA Automatic Dependent Care Request Form. The FSA Automatic Dependent Care Request Form needs to be completed each plan year. Changes can be made at any time by submitting an updated FSA Automatic Dependent Care Request Form. If you have any questions, please contact U.S. Bank Consumer Services at 877-470-1771 (Monday through Friday, 7:00 a.m. to 7:00 p.m. CT) or via e-

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