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Go Montgomery! - Archive

The County’s long-term, comprehensive transportation plan will significantly increase spending on new roads, transit, hiker-biker trails, and pedestrian safety.

Saturday, December 31, 2011

Changes to Transit Benefits and SmartBenefits in 2012

Federal law has allowed employees or employers a $230 a month tax-free or pre-tax transit benefit for those who commute to work using transit or vanpools.  The current transit benefit cap was not extended by Congress, so beginning January 1, 2012 the tax-free transit benefit will decrease to $125 a month and the parking benefit will increase to $240/month.

CATEGORIES: Commuter Services
POSTED AT: 2:00:00 AM |
Go Montgomery! Transportation Plan for Our Future
Transportation Plan for Our Future
Last edited: 11/8/2010