Dollar Puzzle

 

Qualified Transportation Plans-

 

Under this type of plan employers are permitted to give the following transportation fring benefits to employees on a tax- free basis: (*There are  maximum monthly limits on each type of expense)

  • Qualified parking;
  • Transit passes; and
  • Transportation in a commuter highway vehicle, if such transportation is in connection with travel between the    employees residence and place of employment.

The most common plan design allows employees to pay all of these costs on a pre-tax basis through a salary reduction agreement. For more information on Qualified Transportation Plans please contact our office at:

 

Phone: (610)370-3345 or 1-800-631-2828          

E-mail: info@alternative-benefit.com