Save Money When You Adopt

Adding a new family member can be a thrill, but it's not an inexpensive one—especially if you plan on adopting. To help offset the cost, PepsiCo's Adoption Assistance Program will reimburse^* you up to a lifetime maximum of $35,000 of qualifying adoption expenses for the adoption of an eligible child. You are generally eligible for adoption assistance if you are classified as a full-time employee. You are not eligible for adoption assistance if you are classified as a part-time, temporary or seasonal employee, are receiving long-term disability benefits or are covered under a collective bargaining agreement (CBA) that restricts changes to benefits and/or contributions or excludes adoption assistance, unless the CBA specifically indicates you are eligible. Reimbursements in excess of the federal adoption assistance maximum will be taxable to you and will be subject to income and employment tax withholding.

^*Eligible expenses must be substantiated and related to the adoption, as determined by PepsiCo using applicable IRS rules. Reimbursement of qualifying adoption expenses will be reported on your Form W-2. This amount is subject to Social Security taxes and may be subject to federal and state income taxes depending upon your adjusted gross income for the year.