n
n
n 
Parking Reimbursement Account:
qAllows you to pay for your daily or monthly parking expenses incurred for your parking at or near your work. You can elect up to $240.00 per month for 2012 to have deducted from your monthly paycheck TAX-FREE.
The 2011 rate is $230.00 per month
n Mass Transit Reimbursement Account: qAllows you to pay for your mass transit expenses related to your commute to work.
You can elect up to $125.00 per month for 2012 to have deducted from your pay TAX-FREE for qualified mass transit expenses.
The 2011 rate is $230.00 per month
Savings:
nYou can reduce your taxable income and avoid paying Social Security and Medicare Tax (7.65%) and Federal Income Tax (15% to 40%) by enrolling in your company sponsored Section 132 Benefits Plan
