Care.com offers a range of personal finance products and services designed to support caregivers and families in managing care-related expenses efficiently. Here are some of the top offerings
Manage household employment taxes and payroll with ease. HomePay handles tax calculations, withholdings, and filings, ensuring compliance and saving time. Automated tax filings and payments Compliance with federal and state laws Year-end tax documents provided
Care.com HomePay℠ – Nanny Tax & Payroll Service
In partnership with Found, Care.com offers caregivers access to business banking tools tailored for independent workers. Features: Track income and expenses seamlessly Generate invoices and manage taxes Receive a $100 bonus upon qualifying deposit
Found Banking for Caregivers
Utilize pre-tax dollars to cover eligible child and senior care expenses, potentially saving up to $2,000 annually. Advantages: Reduce taxable income Cover daycare, elder care, and more Maximize savings on necessary expenses
Dependent Care Flexible Spending Accounts (FSAs)
Employers can contribute funds to employees' care expenses, offering flexibility in covering child, senior, pet, or self-care costs. Highlights: Customizable employer contributions Supports work-life balance Enhances employee satisfaction and retention
Care Spending Accounts for Employees
Access to qualified finance tutors to enhance financial literacy and management skills. Benefits: Personalized financial education Flexible scheduling Average rate of $24/hr
Finance Tutors via Care.com
Care.com provides guidance on budgeting, insurance reviews, and long-term care planning to help caregivers manage finances effectively. Key Tips: Create and maintain a budget Review and adjust insurance coverage Establish emergency funds
Financial Planning Resources for Caregivers
Access resources to prepare essential legal documents, ensuring clarity in financial and medical decisions. Essential Documents: Power of Attorney Health Care Proxy Living Will
Legal and Estate Planning Tools
Choose from various membership options to find and manage care services, offering flexibility and access to a wide network of caregivers. Membership Perks: Background-checked caregivers Transparent profiles and reviews Dedicated support teams
Care.com: Find Child Care, Babysitters, Senior Care, Pet Care and Housekeeping
Utilize Care.com's cost guides to understand and plan for various care expenses, aiding in budgeting and financial planning. Features: Comprehensive cost breakdowns Regional pricing insights Helps in setting realistic budgets
Care Cost Guides
Through Care for Business, employers can offer backup care solutions, ensuring employees have reliable care options during unexpected situations. Advantages: Reduces employee absenteeism Supports working parents and caregivers Enhances overall productivity
Employer-Sponsored Backup Care
Care.com offers resources to help families and caregivers understand tax obligations related to care services, promoting compliance and financial awareness. Support Includes: Guidance on tax deductions Information on caregiver tax responsibilities Access to expert advice
Tax Resources and Support
Ensuring financial peace of mind by providing thorough background checks on caregivers, fostering trust and security in care arrangements. Safety Measures: Comprehensive screening processes Continuous monitoring Transparent reporting
Care.com Safety and Background Checks
Manage care services, payments, and schedules conveniently through the Care.com mobile app, enhancing financial tracking and organization. App Features: Easy caregiver communication Secure payment processing Schedule and appointment management
Mobile App for Care Management
Access a wealth of articles and guides on financial topics related to caregiving, aiding in informed decision-making. Topics Covered: Budgeting for care services Understanding care-related tax benefits Planning for long-term care expenses
Educational Articles and Guides
Care.com offers dedicated customer support to assist with financial inquiries, service selections, and troubleshooting, ensuring a smooth user experience. Support Services: Live chat and phone assistance Comprehensive help center Personalized guidance