My wife today sent me an email she got at work from wageworks.com, that had the following line.
• Please Note -- The Federal Economic Stimulus bill signed into law on February 17, 2009 has raised the monthly pre-tax spending limit for transit and vanpools from $120 to $230 per month.
I was absolutely NOT aware that this was part of the bill, but now that I know it, I feel I have to make sure everyone knows this!
If you use some sort of plan where you pay pretax dollars to help pay for commuting costs, upgrade that pretax amount today! Save yourself extra money!
I figured for me, it will save me about five to six hundred more a year, which I sure can use.