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NEW 2024 Brochure for Transit & Parking Benefit Plan Document
December 30, 2023 – Core Documents releases their new 2024 updated brochure for the Section 132 Transit and Parking Benefit Plan Document.
Section 132 of the tax code provides that employers may set up a flexible spending account benefit for employees to pay work-related transit and parking expenses with tax-free dollars. Tax savings on employee contributions to these FSAs come from income and FICA taxes for employees, with matching payroll tax savings for employers. All employers need to get started is a written plan document.
Transit & Parking Plan webpage /core132.php
Transit & Parking FSA Brochure & Order Form /wp-content/uploads/2017/11/Core-Section-132-Transit-Parking-Plan-Document-Forms.pdf
Transit & Parking Online Encrypted Order Form /user/form132.php