A common childcare benefit offered by employers is the dependent care spending account.

Question

Quizplus · Accepted Answer

A dependent care spending account is a common benefit offered by employers to help their employees pay for eligible child care expenses. Through this account, employees can contribute pre-tax dollars from their paycheck to cover expenses such as day care, preschool, and summer day camps for their dependents under the age of 13.

A Common Childcare Benefit Offered by Employers Is the Dependent