Fringe - Commuter

Parking Account

  • Participant payroll deductions pay for employment related parking.
  • Covers parking expenses for employee during work hours.


Participant Benefits

  • Save up to 40% on eligible transportation costs.
  • Deductions are pre-tax reducing total taxable income.
  • Improves financial & mental wellbeing.

Employer Benefits

  • Reduce FICA/Payroll taxes by 7.65% for every pretax dollar employees contribute.
  • Eases return-to-work policies post-COVD by paying for commute.
  • Improves recruiting, retention and engagement.