Rail- SEPTA promotes transportation benefit programs. – Progressive Railroading

Posted: April 3, 2013 in Uncategorized

Apr. 3, 2013

The Southeastern Pennsylvania Transportation Authority (SEPTA) is encouraging riders and employers to take advantage of transportation benefit programs.

SEPTA’s “Commuter’s Choice” program targets employers who want to provide transit discounts for their workers. Under Federal Tax Code 132F, employees who use a Commuter’s Choice program can receive up to $245 per month as a tax-free benefit toward their transportation costs. The savings would cover the entire cost of SEPTA weekly and monthly passes, according to the agency.

Employers can benefit from the program, as well. Companies that offer a Commuter’s Choice program to their workers can save up to $200 per employee in Federal Insurance Contributions Act-related taxes annually.

http://www.progressiverailroading.com/passenger_rail/news/SEPTA-promotes-transportation-benefit-programs–35708

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s