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Flexible Spending Program City and County of Honolulu Compensation Reduction Agreement For Plan Year: 1/1/2013 to 6/30/2013 Please type or print clearly. Section A: EMPLOYEE INFORMATION Last Name
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What is flexible spending program city?
Flexible spending program city is a program that allows employees to set aside a portion of their paycheck on a pre-tax basis to pay for eligible expenses such as medical costs, dependent care, or transportation expenses.
Who is required to file flexible spending program city?
Employees who wish to participate in the flexible spending program city are required to file in order to set up their pre-tax contributions.
How to fill out flexible spending program city?
Employees can fill out the flexible spending program city forms provided by their employer, indicating how much they would like to contribute to the program and what expenses they plan to use the funds for.
What is the purpose of flexible spending program city?
The purpose of the flexible spending program city is to help employees save money by allowing them to use pre-tax dollars to pay for eligible expenses, ultimately reducing their taxable income.
What information must be reported on flexible spending program city?
Employees must report the amount of money they wish to contribute to the program, as well as the eligible expenses they plan to use the funds for.
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