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dependent care |
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dependent care, health care provided for persons, particularly children and handicapped or elderly individuals, who are dependent on others for part or all of the activities of daily living. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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See IRS Publication 503 Child and Dependent Care Expenses for more information. Employees--and employers--save taxes on the money they pay toward their group-sponsored health, dental and term life plan premiums, as well as voluntary benefits and dependent care or out-of-pocket medical expenses. Elder and dependent care has become an increasing employer concern as studies identify the strains on employees who have to provide care for elders or dependents, as well as the resulting financial drain on employers. |
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