Pre-Tax Parking Reimbursement Account

State and Federal tax laws allow employees of the employer to avoid paying taxes on expenses incurred while parking at work. Employees save by setting up a pretax payroll deduction that reduces taxable income. Qualified expenses are exempt from Federal, State and FICA (Social Security and Medicare) taxes. Your tax savings will vary, depending on your deduction amount and your tax bracket. Most employees will save approximately $12.50 on every $50 they pay for qualified expenses (25%).

The advantage is that you're spending pre-tax dollars, so you end up paying fewer taxes on your salary and having more money to spend.

Check out the FAQs under the Resources Tab for Frequently Asked Questions relating to Pre-Tax Parking.

IRC §132(f) – Commuter Benefits

Treas Reg §1.132-9 – Commuter Benefits


About Us

ASIFlex is a Third Party Administrator of employee benefit programs, and has over 400 clients around the nation.

We are located in Columbia, Missouri.

Go Green

Click the Go Green link above to manage your account or Click Here to print the form, then mail or fax it in.

Contact ASIFlex

  • Phone: 1-800-659-3035
  • Email: [email protected] *For your security, please do not include any specific health information in an email.
  • Fax: 1-877-879-9038

© Copyright 2021 by ASIFlex. All rights reserved.