Another year, another opportunity for tax savings—but only if you opt in.
According to the American Payroll Association’s 2007 Getting Paid in America survey, 80% of employers offer tax-advantaged payroll deduction programs, including cafeteria plans, dependent care flexible spending accounts, travel reimbursement incentive programs and health savings accounts, but only 59% of employees are enrolled.
Source: Getting Paid in America, www.nationalpayrollweek.com/documents/2007NPWSurveyResults_updated.doc .