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Reply to "Sad, just had to cease contributions to my 401K in order to budget in daycare costs for new baby :("
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[quote=Anonymous][quote=Anonymous]do either of your companies let you withdraw up to $5,000/year pre-tax for a Dependent Care FSA? If so, that would free up some money. Also, don't forget that there will be tax benefits to having another dependent. [/quote] Becareful with this one. You don't really free up any money because you lose your dependent care deduction. What you do is basically take the deduction now rather than during your filing. I wish you could do both but the AHOLES at the irs disallow it.[/quote]
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