You can Depend on Dependent Care
Download MP3Paying oodles of dollars on childcare? We feel you — and this episode digs deep into your benefits package to highlight a lesser-known but incredibly beneficial program known as the Dependent Care FSA.
Many of us pay for our kids to attend preschool, summer day camp, and before or after school programs, and many of us have in-home childcare as well. Additionally, many of us cover our parents or in-laws on our taxes and pay for various adult daycare services too, or maybe your spouse is physically or mentally impaired and needs custodial support. Now imagine receiving on average about 30% of tax savings on all of these expenses. I bet you’re listening now….
