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Stringent Tax Rules Govern Dependent Care Reimbursement Accounts

Many employees take care of their children, parents or both. This “sandwich generation” can benefit from dependent care reimbursement accounts, which allow employees to pay for eligible dependent care expenses on a pretax, salary reduction basis.

By setting aside pre-tax money into a dependent care account, employees can later be reimbursed for eligible expenses incurred in the plan year… [678 word article, September 2011]


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