Please visit http://transit.coloradosprings.gov/transportation/public-transportation/alternative-transportation/commuter-benefits for the most up-to-date information this page is no longer being updated.
Employees can reduce their commuting costs by 40%!
Employers can save 10% or more on payroll taxes!
Federal tax law allows employees to reduce their commuting costs by up to 40%, while helping employers save 10% or more on payroll taxes. All employees can use tax-free dollars to pay for their commuting expenses.
The maximum tax-free discount that can be provided to each employee for transit is $125 per month, and $240 per month for parking.
For More Information:
Commuter Checks: www.commutercheck.com Tel: 800-531-2828
TranBen Checks: www.tranben.com Tel: 877-587-6236