Understanding Benefit Accounts:
What are Commuter Benefits?
Getting to and from work can be time consuming and expensive. Commuter benefits, sometimes called transit and parking benefits, are an increasingly popular way to fund expenses related to commuting and parking at your workplace. Commuter benefit accounts are funded with pre-tax dollars, which lowers your total taxable income and can save an average of 30% on eligible commuting expenses. Get the lowdown on commuter benefits with this short video.