1968: Should I Sign Up for a Dependent Care FSA? By Andy Hill

Optimal Finance Daily - Financial Independence and Money Advice

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4.4 • 1.3K Ratings

🗓️ 22 July 2022

⏱️ 11 minutes

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Summary

Andy Hill of Marriage Kids And Money talks about the pros and cons of signing up for a Dependent Care FSA Episode 1968: Should I Sign Up for a Dependent Care FSA? By Andy Hill Andy Hill is a husband and father to two awesome (and crazy) kids and they hail from the great state of Michigan. His goal is to give his family the best life possible and strengthen their family tree for generations to come. In 2016, he got so geeked about this topic of young family finance that he decided to start a blog and podcast about it. It began as a hobby and then morphed into a fun side hustle when people started to enjoy the information he was sharing. Fast forward to today, he’s left his corporate event marketing career behind and is now a full-time blogger and podcaster who has been featured in major media outlets like CNBC, Kiplinger’s Personal Finance and NBC News The original post is located here: https://marriagekidsandmoney.com/dependent-care-fsa Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	If you are a lover of affirmations or you've just heard about how powerful they can be,
0:07.1	then you are going to love the Daily Affirmations for Women Podcast, created by the Women's
0:12.9	Meditation Network and hosted by the amazing Jodi Aegard.
0:17.4	Every morning you'll receive an episode that is dedicated to one specific affirmation,
0:22.2	so you can have this space to reflect on it and receive the power within it.
0:26.4	Follow and start listening now to the Daily Affirmations for Women Podcast on your favorite
0:31.6	podcast player.
0:35.4	This is Optimal Finance Daily, episode 1968.
0:39.6	Should I sign up for a Dependent Care FSA by Andy Hill of MarriageKidsAndMoney.com
0:46.7	and I'm your host and personal finance enthusiast, Diana Mariam.
0:51.2	Now let's get right to it and continue optimizing your life.
0:59.4	Should I sign up for a Dependent Care FSA by Andy Hill of MarriageKidsAndMoney.com?
1:07.6	Our second question of the month comes in from Nathan from Michigan on my Facebook page.
1:13.4	Andy, my wife's new job has a lot of benefits such as insurance, 401k, and FSA.
1:22.2	We were going back and forth debating about FSA contributions.
1:26.6	We sent our daughter to daycare and the advice we got was to do the FSA.
1:31.6	The limit is $5,000 a year.
1:34.5	Is it really worth it?
1:36.1	How does it work?
1:38.0	Nathan.
1:39.8	Thanks for connecting Nathan and great question by the way.
1:43.4	I don't think I chat enough on my podcast about the incredible advantages you can get from
	...

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