The Internal Revenue Code (IRC) limits employer-provided, tax-free child care benefits to $5,000 ($2,500 if you are married filing separately) per family per year (amount differs for highly compensated employees*).

Benefits from both the JPMorgan Chase Child Care Plan and the JPMorgan Chase Dependent Care Spending Account are subject to these limits.

Refer to U.S. Child Care Imputed Income (go/childcare > Paying for back-up child care (or Full-service child care > Tuition) for important information regarding imputed income and limits on tax free child care benefits.