So, you’ve got a body. And you might have kids. And all these things insist on being cared for. Why not do it in a way that saves you money?
The Health Care Spending Account (HCSA) and Dependent Care Spending Account (DCSA) let you set aside pretax dollars from your paycheck that you can then use to pay for stuff like medical deductibles, prescription drugs, and eyeglasses. With the DCSA, you can pay for things like after-school care, summer day camp, and elder care.