Today’s employees want and expect fringe benefits. A good commuter benefit program can help do the following:
With commuter spending accounts, you can help your employees save tax dollars on the transit and parking expenses they incur going to and from work. Your employees simply take a pre-tax deduction from their paycheck to pay for transit expenses. This means they lower their taxable income, possibly increase their take-home pay and potentially save your business money on payroll taxes.
For fees associated with WageWorks’ consumer-directed benefit accounts such as commuter spending accounts, click here. To learn more about the commuter spending account program offered by WageWorks, call 855.299.4385 or visit www.wageworks.com/employers/benefits.
Employees can download a commuter spending claim form from WageWorks at https://www.wageworks.com/employees/support-center/important-forms.aspx.