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Commuter benefit accounts Through payroll deduction, employees contribute to an account that saves 25% to 40% on the expense of parking near their place of employment, and travel to and from work. During the year, participants may access this account for transit and parking expenses. Payments from the account are tax-free to employees. Monthly expense limits for 2009 are $230.00 per month for parking ($220.00 in 2008) and $120.00 per month for transit passes and commuter highway vehicles ($115.00 in 2008). |
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