Dependent care plan

{
  "id": "MLC-T-LAW-001568",
  "term": "Dependent care plan",
  "field": "Law",
  "definition": "An employer-sponsored benefit program under Section 129 of the Internal Revenue Code that lets employees pay for eligible dependent care with pre-tax dollars. Eligible expenses include care for children under 13 and for a disabled spouse or dependent when the care lets the employee work. The annual household limit is fixed by statute and not indexed for inflation, at $5,000 through 2025 and $7,500 from 2026.",
  "url": "https://mlchart.com/terminology/law/dependent-care-plan/"
}