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Become a parent friendly employer and introduce a dependent care plan. Working parents use the plan to pay for qualified day care expenses with pre-tax money. That can save them some serious money.
A dependent care plan can also be used to pay for qualified daycare expenses for an adult family member.
This plan allows participants to pay for dependent care expenses pre-tax. The dependent care expense must be for the purpose of allowing a parent to work and is limited to $5000 ($2500 if married, filing separately) or the annual income of the lowest paid working parent. Our FlexRight™ Benefits Card makes paying your daycare provider quick and easy. More . . .
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