@rickythesteadyinvestor: If you’re already paying for childcare, make sure you’re not paying for ALL of it with after-tax dollars. For 2026, eligible employees may be able to put up to $7,500 pre-tax into a Dependent Care FSA for qualifying care. Depending on your tax situation, that could potentially mean roughly $1,500–$3,000 in tax savings on money you were going to spend on childcare anyway. That can include things like daycare, preschool, before/after-school care and certain summer day camps. A few important catches: • The $7,500 is generally a household limit for married couples filing jointly — not $7,500 per parent or per child. • The care generally needs to allow you (and your spouse, if applicable) to work or look for work. • Overnight camp doesn’t qualify. • You can’t use the same expenses for both the Dependent Care FSA and the Child and Dependent Care Credit. 👉 Check your employee benefits portal and see whether you have access to a Dependent Care FSA. This is Parent Money Benefits #1 — a new series on benefits working parents may already have access to but aren’t using. 📩 Want more practical money strategies + my Steady Investor Labs experiments? Join the free Steady Investor Labs Newsletter through the link in my bio. Follow for Parent Money Benefits #2. For people funding 401(k)s, 529s, and Saturday morning soccer. Educational purposes only. Tax benefits depend on individual circumstances and plan eligibility. #benefits #PersonalFinance #EmployeeBenefits

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Sunday 27 September 2026 16:56:33 GMT