Daycare Costs Are Soaring. Using This Pre-Tax Account to Pay for It Can Save You Big

Daycare Costs Are Soaring. Using This Pre-Tax Account to Pay for It Can Save You Big

It's no secret that childcare costs in the U.S. consume considerable household income. It's called the Dependent Care FSA (DCFSA). Let's say that you earn $2,000 per week and authorize your company to withhold $100 per week to be used toward childcare costs.