(Update: Since publication of this story, House Republicans released their first amendment to the tax bill. In that amendment, they preserved the $5,000 per year exclusion for dependent care flexible spending accounts.)
Employees in the middle of open enrollment may want to keep an eye on proposed tax reforms.
(Dependent care accounts aren't the only work-related perk targeted in the bill. Among other changes, the proposal would count as income any employer-provided tuition assistance or adoption assistance. Under current rules, taxpayers can receive up to $5,250 per year in tuition assistance tax-free, and up to $13,570 in adoption assistance per child.)