| Title: | The Digital way of working |
| Moderator: | QUARK::LIONEL ON |
| Created: | Fri Feb 14 1986 |
| Last Modified: | Fri Jun 06 1997 |
| Last Successful Update: | Fri Jun 06 1997 |
| Number of topics: | 5321 |
| Total number of notes: | 139771 |
I searched for "DCRA" and "Dependent", but came up empty. Can someone tell me the process for stopping DCRA payroll deductions for the remainder of the calendar year? I checked with VTX ORANGEBOOK. It said -- for more information contact your personnel department. I checked with Personnel -- they said -- We don't have any information, we have a form. See VTX ORANGEBOOK for more information. The form I was given was the standard "reimbursement account programs authorization" enrollment form. Personnel said to fill out the form and set the weekly deduction amount to $0. How would this prevent me from changing the deductions to $50 for one week, $10 the next, $96, the next, and so on? The "system" won't allow it. I'm comforted. Can someone confirm that the *enrollment* form is the right way to *cancel* withholding? What is the lead time required? Thanks - Chris
| T.R | Title | User | Personal Name | Date | Lines |
|---|---|---|---|---|---|
| 2687.1 | VTX DCRA_US | LACGID::BIAZZO | DECvp - Highest Unit Volume Product | Mon Sep 27 1993 10:56 | 2 |
Try VTX DCRA_US | |||||
| 2687.2 | QUARK::LIONEL | Free advice is worth every cent | Mon Sep 27 1993 11:14 | 9 | |
You can't stop the deductions, unless you can demonstrate that your "family situation" has changed significantly (got married, moved, etc.) This was all explained in the signup literature, which suggested being conservative in selecting the amount withheld, as you lose any unspent money and, under normal circumstances, can't stop the deductions in midyear. However, you can plead your case to your PSA. Steve | |||||
| 2687.3 | DCRA can be stopped | VMSVTP::S_WATTUM | OSI Applications Engineering, West | Mon Sep 27 1993 12:23 | 26 |
>You can't stop the deductions, unless you can demonstrate that your
>"family situation" has changed significantly (got married, moved, etc.)
Unless the rules have changed again, this is untrue for DCRA - I know, because
last year I did stop my DCRA deductions simply by sending my PSA a new
form with $0 as the DCRA deduction amount.
I don't believe there is any federal regulation that actually controls this
(though I could be wrong) - it's up to the company providing the benifit
as to whether this is allowed, and as of last year, Digital allowed this.
This is the current extract from VTX DCVRA_US
CHANGING YOUR CONTRIBUTIONS:
Once you set up your Dependent Care Reimbursement Account, it must
stay in effect until the end of the calendar year. You may begin or
change your contributions to your DCRA only during the annual Open
Enrollment period unless you have an allowable change in family
status. You may, however, STOP your payroll deductions to your
DCRA at any time during the year.
So, it is still allowed - just send the form in to your PSA with $0 on it.
--Scott
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| 2687.4 | WCCLUB::SOMMER | Tue Sep 28 1993 22:51 | 5 | ||
Last year I had wanted to increase it and personel stated that
you can only stop it and not change the amount
Scott Sommer
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