If you have young children, you already know that paying for child care can be one of the most expensive items in a family’s budget. And it’s only getting more expensive. More than 60% of families ...

It may take a village to raise a child, but what does it take to pay for one? While there are many opinions, most agree that the figure is substantial. Just how large of a sum, what constitutes the ...

For high-income earners, balancing a demanding career with the rising costs of childcare can quickly become a financial ...

You can sock away more money for day care costs in 2026 thanks to a change in the dependent care flexible savings account limit.

I'm pretty confused about the state of the tax code, and was hoping someone here could help answer a few questions / let me know if there are better ones I need to ask myself: my wife and I had our ...

If your employer offers a flexible spending account, you can set aside tax-free money to pay for medical expenses and child care costs. These accounts can offer valuable tax breaks, but you need to ...

As a result of the on-going COVID-19 pandemic, many employees are working from home. Some employees have young children at home due to the closure of day care facilities and other COVID-19 related ...

Question: I can't believe how much I pay for day care. Do you have any advice? Answer: There's no doubt about it--child care is expensive. For many families, high-quality child care (including ...

A dependent care flexible spending arrangement (DCFSA) lets you pay for child care and other dependent expenses with pretax dollars. This can reduce the income taxes you owe. Only someone whose ...

Child care is expensive, and many families are struggling to pay unexpected care costs while their kids are at home with virtual school or their preschool and after-school programs are closed because ...

My wife and I are expecting our second child in November, which got me thinking about daycare and the dependent care FSA. We already have our one year old in daycare and I use the FSA to pay for part ...