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What exactly is the pre-tax transportation benefit that will be available to DUCOM employees on January 1st?

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What exactly is the pre-tax transportation benefit that will be available to DUCOM employees on January 1st?

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The Qualified Pre-Tax Transportation Expense Plan provides an opportunity for full-time employees to pay for mass transit and/or qualified parking on a PRE-TAX basis (exempt from Federal income, Social Security and Medicare taxes). This account must be used for “work-related” transit and parking expenses. Details will be provided by HR as the date gets closer.

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