Pre-tax commuting options
The following commuting options can be paid for using pre-tax dollars in accordance with the IRS guidelines.
Public Transit
Includes subway, bus, light rail, water taxi and ferry.
Parking
Qualified paid parking at meters, garages and lots.
Vanpool
A shared transportation option in vehicles seating 6+ adults.
How the savings works
Employer savings
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Employers can save an average of $40 per month on payroll taxes for each participating employee.
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Edenred offers innovative, intuitive, and flexible commuting options.
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These options can boost employee participation company-wide.
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Increased participation leads to greater overall savings.
Employee savings
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Employees can save up to $600 a month with commuter benefits.
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Section 132(f) of the IRS tax code allows employees across the U.S. to set aside up to $340 per month pre-tax for public-transit commutes.
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An additional $340 per month is available for eligible paid parking.
How commuter benefits works across your organization
Your employees
Employees who use commuter benefits save an average of $790/year when they use the benefit, which positively impacts culture. With a variety of commuting products to chose from, employees access their benefit via the user-friendly mobile app or web portal.
HR / Benefits team
Corporate CSR
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