Flexible Spending Account. Your employer may offer dependent care benefits by allowing you to use pre-tax dollars to pay for your child care expenses. This arrangement is a flexible spending account that is funded pre-tax contributions, deducted from your pay. For 2013, the maximum tax-free amount is $5,000.
golden parachute. A clause in an executive's employment contract specifying that he/she will receive large benefits in the event that the company is acquired and the executive's employment is terminated.
The Golden Pledge, which is a System Plus Warranty with a 20 year leak guarantee, can pay for itself within the first ten years, sometimes many times over. The System Plus transforms the normal warranty by removing the small print.