- Participant payroll deductions pay for transportation to and from place of employment.
- Transit expenses are covered and employee is reimbursed.
Why?
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.