If cost is a hurdle in your adoption journey, you may not be aware of some of the financial assistance, such as military subsidies and employer benefits, that's available. And although this assistance might not get you over that hurdle completely, just knowing what's out there can help:
- Employment benefits: In the work world, the trend is heading toward providing some sort of adoption assistance. This may come in the form of paid leave time, help with the adoption process or even coverage of some of the related costs.
- Subsidies and reimbursement: Especially when related to a child with special needs, such as a disability, subsidies or reimbursements are usually available through federal and state assistance. This financial support can be in the form of a one-time reimbursement or ongoing help.
- Tax assistance: You may also be eligible for either federal or state tax assistance. Refer to your state's individual guidelines, and check the Internal Revenue Service Web site for federal regulations.