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Families with children face high childcare costs that can impact work decisions, children's development, and care quality. Working families, single parents, and low-income households are most affected by childcare expenses. Several state and federal programs aim to help with childcare costs, such as children and youth services, dependent care flexible spending accounts, and the federal childcare tax credit.
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Presentation1
- 1. Families and Childcare Costs
- 2. Types of Families Effected By Childcare CostWorking familiesSingle parent familiesLow- income families
- 3. Implications for American FamiliesChildcare expenses can affect a families decision about workChildcare can affect children’s developmentCost may compromise the quality of care
- 4. Help with Childcare CostChildren and youth service state programDepended care flexible spending accountFederal childcare tax credit