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Technology Stocks : Ascend Communications (ASND)
ASND 212.33+1.1%Nov 28 9:30 AM EST
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To: Glenn D. Rudolph who wrote (22173)11/9/1997 11:55:00 PM
From: Clare  Read Replies (1) of 61433
 
Off-topic.

Dependent care reimbursement is flexible spending account,
where they take money from your paycheck pretax for
paying for daycare. Then later, you send them your receipts
and they give you the money back. It is sort of like
forced savings, but it's your own money you get back.
It is a tax advantage though since it is pretax dollars.

Some people use it to fund vacation, or in this case
average down on Ascend... :-|
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