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Childcare costs hit new heights. This employee benefit can help you save $5,000
October 25, 2018
Childcare costs hit new heights. This employee benefit can help you save $5,000

Working parents can use the child and dependent care credit, which is worth up to $1,050 for one child under 13 or $2,100 for two or more kids under 13. You might have access to a dependent care flexible spending arrangement at work: Save up to $5,000 each year per household on a pretax basis.


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