Tax Break Programs
The City offers various retirement, savings and commuter programs that may reduce your taxes.
In this section:
- Commuter Benefits
City employees have several ways to save on transportation costs through pre-tax deductions.
- Deferred Compensation Plans
The City offers two Deferred Compensation plans, 401(k) and 457, that allow you to invest into your retirement while saving on your taxes.
- Flexible Spending Accounts
The City has flexible spending programs for dependent care costs, health costs that are not covered by insurance, and health plan premiums, on a pre-tax basis.
- Pension Plans
The City offers its employees opportunities to become pension members through various systems. Your title and agency determine which pension covers you. Your pension contributions will help you save on your federal taxes.