I have something similar.
1. I'm able to have the withdraw through my monthly pay so it's taken out pre-tax, so no work on my end for tax deduction.
2. I can use the debit card at other parking locations (not at work).
3. I can start/stop the withdraw maybe six weeks before the scheduled paycheck.
Using pre-tax money (22% or 24% bracket) is definitely better. But I agree, the saving ~$500 may not be worth the hassle.
1. I'm able to have the withdraw through my monthly pay so it's taken out pre-tax, so no work on my end for tax deduction.
2. I can use the debit card at other parking locations (not at work).
3. I can start/stop the withdraw maybe six weeks before the scheduled paycheck.
Using pre-tax money (22% or 24% bracket) is definitely better. But I agree, the saving ~$500 may not be worth the hassle.
Statistics: Posted by hedge_hog88 — Tue Oct 15, 2024 10:05 pm — Replies 1 — Views 73