Save On HopSkipDrive Rides With Your FSA
Raising kids is expensive. And as parents, we’re always looking for ways to make the most of our budgets.
Here’s a great savings tip: your HopSkipDrive rides may qualify as an eligible expense for your dependent care flexible spending account (FSA).
A dependent care FSA, offered by many companies as an employee benefit, allows parents to use pretax dollars to pay for some of the costs of child care. Using a dependent care FSA to pay for HopSkipDrive’s ride service may mean a savings of up to 30%, depending on your tax rate.
HopSkipDrive’s ride service may qualify as an eligible expense for dependent care FSAs because HopSkipDrive CareDrivers are experienced caregivers who provide child care while they’re providing transportation for your child.
Make sure to consult your FSA administrator to see if your HopSkipDrive rides qualify as an eligible expense under your plan.
Read more about how HopSkipDrive rides may qualify as an eligible expense for your FSA in this Kiplinger article.