A dependent - care
flexible spending account lets you set aside pretax money for expenses related to caring for a child — this is not the same as the child tax credit, which you use for a disabled spouse, parent, or other mentally or physically handicapped dependent.
Not exact matches
Don't
let any money in your
Flexible Spending Account (FSA) go to waste because it will disappear if you don't
spend it by December 31.
Flexible spending accounts, also called flex plans, are fringe benefits which many companies offer that
let employees steer part of their pay into a special
account which can then be tapped to pay child care or medical bills.
For example, a
flexible spending account, or FSA,
lets you put money away pre-tax for use on medical expenses.