HR 413 · 119th CongressIn Committeecongress.gov ↗
What this bill does
AI plain-language summaryThis bill would increase the amount of money people can put into dependent care flexible spending accounts, which help pay for childcare expenses. Currently, people can contribute up to $5,000 per year ($2,500 for married people who file taxes separately), but this bill would double those limits to $10,000 and $5,000 respectively. The new contribution limits would also go up each year to keep up with inflation.
Your Vote
Discussion (0)
Explain what is at stake in this bill.
Sign in to join the discussion.
No comments yet. Be the first.