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COVID-19 Response: Invisible Problems

Child and Dependent Care Flexible Savings Accounts Selected

Many families* get tax relief for covering the cost of childcare through Dependent Care Flexible Savings Accounts (DCFSAs) which cover eligible expenses like daycare, afterschool care, and summer camp. During open enrollment each year, workers can decide how much to save pre-tax to these accounts based on their expected childcare expenses for the upcoming year. Now that most children are home indefinitely and the economic... more »

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