Commuter Benefits

The Perfect Perk For Your Employees

As fuel costs continue to be high, employees are looking for ways to save on their commutes to work. Transportation Reimbursement Accounts are a valuable employee benefit as they help employees save time and money when they use public transit for their commute to work.

What are Qualified Transportation Accounts (QTAs)?

QTAs allow employees to set aside pre-tax funds for eligible transit and parking expenses related to their commute to work, governed by IRC Section 132. If the participant has both a parking account and a transit account, each account is entirely separate, and funds cannot be transferred from one to the other.

Transit and/or parking benefits are limited to employee work-related expenses only; reimbursement is not allowed for spou