Putting Money Aside, Tax Free
Picture it. You’ve pulled off the highway to grab a great meal, or book a night in that fancy four-star hotel…only to find that you spent too much at that corny tourist attraction yesterday. There and then, you pledge to set aside a little bit every month in your vacation budget, so that this never happens again.
Setting money aside for health-related and dependent care expenses is similar, in a way. They add up quickly, and if you don’t plan ahead, you could find yourself caught short. That’s why K-C offers you a tax-advantaged spending account for each of these types of expenses.