COMMUTER BENEFIT FOR CWA LOCAL 4250 LEGACY T MEMBERS
A Commuter Spending Account lets you set money aside for eligible commuting expenses before your employer deducts taxes from your paycheck. This means the amount of income your taxes are based on will be lower, meaning you pay less tax.In the example below, an employee with an annual pay of $40,000 contributes $230 a month ($2,760 a year) into her CSA. As a result, her taxable income goes down to $37,240, which saves her $1,104 in taxes. In other words, she received a $1,104 discount on the expenses she paid from her CSA - saving nearly 40% on expenses she would have had to pay anyway.
DOWNLOAD**COPY**POST**DISTRIBUTE. Notice contains more information and a On-Line Link to REGISTER as a First-Time User with WageWorks in order to participate in this money saving union negotiated benefit.
