2020 IRS Contribution Limits Released: Effective January 1, 2020, the new tax limit for commuter benefits will be $270 per month.

Save Smarter with Commuter Benefits

Pre-tax savings on transit, parking and more.

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What are Commuter Benefits?

Commuter benefits are a great benefit that save both employers and employees money. The benefit allows employees to set aside tax-free money to pay for their commuting expenses, and can be used for mass transit, rideshares and qualified paid parking. Employers get in on the savings too. By offering a commuter benefit to your employees, your company can save on payroll taxes each year.

Employers

Employee engagement is top of mind for today’s benefit administrators. No one wants an unengaged team — it’s less profitable for the company, and employee turnover can be extremely high. Offering a commuter benefit will boost employee loyalty, attract new talent and save your company money.

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Employees

Commuter benefits help you pay for your commute to and from work using pretax dollars, which saves you money on your taxes each year. You can use commuter benefits for transit, rideshares and qualified paid parking.

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Does Your City Mandate a Commuter Benefit?

Offering a commuter benefits program is legally required in a growing number of locations. We have the resources you need to be compliant and deliver a great benefit to your employees. The following cities or regions have an ordinance in place: Seattle • New York City • Washington, DC • Berkeley and Richmond • San Francisco Bay Area • Coming soon – Los Angeles and New Jersey.

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