Do we know if they will ever update the Dependent Care Spending FSA limit to $10,500? If so, any ETA as we'll have people hit the old $5,000 max in June.

I have some information to share with you about Dependent Care Spending FSA, @p-elmore.

Our payroll team is currently working on the changes, including the Dependent Care Spending FSA limit. However, there's no specific timeframe as to when they'll be rolled out.

QuickBooks has an available site where the latest news and product updates are posted. You can visit our blog site, so you’ll know every happening in QuickBooks.

You might want to read these resources to learn more about deductions, contributions, and plan limits:

• Benefit Plan Contribution Limits for 2021
• Deductions and contributions

Let me know if you have additional questions or concerns about Dependent Care Spending FSA. I’ll be here. Always take care!