School-Aged Children

Being a parent of school-aged children can be loads of fun, but it can also be an extremely busy time and one that test your limits. Parents are faced with daily demands from school, extra-curricular activities, and meeting their child’s individual needs. Trying to accommodate these needs and meet your own obligations can be quite challenging. We have compiled many resources for you to make your life a little easier.

Flexible Spending Accounts

While having a child can be great fun, it can also be very expensive. Emory offers Flexible Spending Accounts that allow you to set aside pre-tax dollars for eligible childcare and medical expenses. This saves you money by not having to pay tax on the amounts set aside for this purpose. If you have not enrolled in an FSA before, or if you need to increase the allocations of your existing FSA, you have 31 days from a family status change such as the birth or adoption of a child or you may start an account during open enrollment. FSA’s can be helpful to parents of school aged children by saving them money with the costs of things like before/after-school programs, nanny care, and even summer camp (under age 13). You may review the UMR website for more detailed information on eligible and ineligible dependent care expenses