Here's How You Can Use Your Flexible Spending Account to Fund Your Daughter’s Future
Here’s how you can save $100 (or more!) depending on your tax bracket:
Parents are stressed out more than ever. COVID-19 has created a new strain of stress in our homes as many parents are juggling work and home, and for some, financial hardships.
And now we are entering a new phase of life in the time of COVID-19 with the new school year. Many parents are looking for extracurricular activities to support their child’s learning such as our 10-week mini-MBA program.
The Federal Flexible Spending Account Program, under The Dependent Care FSA (DCFSA), is a fantastic way for families to pay for eligible dependent care services for children up to age 13. This includes day camps (during the summer), after school and educational programming, learning or study skill services such our live, online program at Girls With Impact! Check out the full list of services available through The Dependent Care FSA.
This pre-tax benefit takes funds from your paycheck to pay for qualified out-of-pocket dependent care expenses. This is huge for parents where you end up paying less in taxes and taking home more of your paycheck.
This is an incredible option for families where they can use these funds to contribute to their daughters’ future by taking our 10-week social impact and business Academy, the nation’s only, live online entrepreneurship program created for girls ages 11-18 years old. This provides girls with the tools to launch their own businesses, impact their community, drive their college and career success, and bridge the racial and geographic divide! There’s no after school program that has the power to do that!
Think of this way - our 10-week program is $495 and using FSA would make it has low as around $30/class, which is way less expensive than swimming, sports or any activity out there. And our program is valued at $2,000 as we provide students with the tools that will propel their futures.
Join us for our next 10-week session!
Girls With Impact is the nation’s only live, online mini-MBA for girls 12-18, designed with Harvard leaders. Offered year-round, the 10-week, after-school Business and Innovation Academy moves girls from ideation to a business plan and venture pitch, driving improvements in confidence, leadership, college readiness and professional skills for success. Programs offered include virtual camps, workforce readiness workshops and virtual mentoring. Girls With Impact was developed by Silicon Valley entrepreneur Jennifer Openshaw to increase the number of diverse women leaders and innovators in today’s workforce.