Priorities!
As a current participant in the [company’s] Transit or Parking Flexible Spending Account, your monthly election amount will roll over into 2012. Please be aware the monthly maximums have changed for 2012. The Transit monthly maximum is decreasing to $125.00. If you currently have a monthly election over $125, you will automatically be reduced to $125 on January 1. The Parking monthly maximum will increase to $240.00 starting January 1st, 2012.
It’s important that the IRS discourage use of public transit and encourage use of cars, don’t you think? (It’s still enough for an unlimited monthly New York City metro card, but how is this good policy?)
