Management & Operations

Commuter transit benefits to increase

Posted on December 28, 2007

Starting Jan. 1, 2008, businesses will be able to provide employees with tax-free transit commuter benefits of up to $115 a month, according to APTA. The previous maximum allowed was $110 a month.


The amount available for transit commuter benefits is still less than that allotted to parking benefits, which will increase by $5 to $220 a month in 2008. Federal legislation allows an employee to receive transit benefits either by receiving up to $115 a month in tax-free benefits paid by the employer to cover commuting costs on all modes and combinations of public transportation and vanpool commuting costs, or have employees pay for commuting costs using pre-tax payroll deductions of up to $115 per month. A combination of these two programs may also be used.


Employers interested in starting a transit benefit program can find helpful information at the Best Workplaces for Commuters Website, www.bestworkplaces.org, which also lists a variety of companies, including top Fortune 500 companies that offer transit benefits.  


For more information on transit benefits, go to http://www.publictransportation.org/reports/asp/pays_to_ride.asp

View comments or post a comment on this story. (0 Comments)

More News

Mont.'s Mountain Line to extend fare-free program

Partner agencies have agreed to continue support for the program, which has bolstered ridership.

Voith executes succession plan, names new president/CEO

As planned, Dr. Hubert Lienhard, who has been in charge since 2008, will retire in 2018 upon completion of his second term in office at the age of 67, with Stephan Schaller assuming the role in April.

Transportation options could lure Amazon to Denver, report says

The New York Times recently published an analysis of roughly fifty American metro areas and used guidance that Amazon included in its request for proposals to narrow down the field.

How implementing biophilic architecture can soothe transit riders

By incorporating simple biophilic principles into station and facility design, cities, and transit agencies can foster stronger connections to nature that improve our overall wellbeing as individuals and as a community.

HNTB names vehicle solutions manager

Patrick Allen will be responsible for locomotives, passenger cars, and other rolling components of rail systems. He is based in the firm’s Boston office and works with clients nationwide.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close