Welcome to Answer Me Online: Your direct link to our Learning Center Phone and Email Help Lines. The questions posted here come directly from those being asked of our Experts by eligible employees like you. If there's something puzzling you about your plan, check here first, because chances are someone else has been wondering about it, too.

Dependent Care Plan Basics

• Can I use the Dependent Care Account and also claim the federal tax credit for dependent care expenses?
• What expenses are covered under a Dependent Care Account?
• Do I have access to my entire Dependent Care election amount at the beginning of the year?
• What happens if my claim amount is greater than the balance in my dependent care account?
  
  

Can I use the Dependent Care Account and also claim the federal tax credit for dependent care expenses?
Whether the Dependent Care account or the tax credit is more advantageous to you depends on your personal tax situation. Unfortunately, we cannot provide tax advice to you. You should consult your tax advisor. Another resource to check is the IRS publications www.irs.gov

What expenses are covered under a Dependent Care Account?
Click here for a list of eligible dependent care expenses.

Do I have access to my entire Dependent Care election amount at the beginning of the year?
No, you will only have access to dependent care funds that have been deducted from your pay check each pay period.

What happens if my claim amount is greater than the balance in my dependent care account?
If your claim amount is more than what you have in your dependent care account, WageWorks will reimburse you up to the amount that is in your account and pend the rest of your claim until your account is funded. At that time WageWorks will reimburse your for the rest of our claim.