Increase your employees' take-home pay without increasing your payroll!

As of February 2009, federal law allows your employees to use up to $230 per month ($2760 per year) of their pre-tax income to pay for commuting on public transit and in eligible vanpools plus up to $230 per month ($2760 per year) for qualified parking. You save on your payroll taxes and your employees lower their taxable income... it's a win-win!

You can also "share the fare" and contribute all or a portion of your employees' monthly fare, up to $230 per month. Employees can deduct their own pre-tax income to pay any difference in their commute costs. Note: the total amount set aside per employee cannot exceed the actual cost of the employee's commute.

The Commuter Tax Benefit program is supported as a commuter service of the Connecticut Department of Transportation. ConnDOT Commuter Services representatives are available to assist employers in offering the following support services:

• 1. Consultation and on-site training.
• 2. Development of the program.
• 3. Marketing support, on-site promotion and employee enrollment.
• 4. Program tracking and maintenance.
• 5. Ongoing marketing.

To find out more or to get started, contact us.