Dale Kroop, Director
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Introducing The Commuter Tax Benefit Program: "Save Your Employees From A Taxing Commute"
Commuters may be able to add convenience and save money as they travel to work in the new year. As of January 1, 2007, employers can offer their employees up to $110 per month in pre-tax commuting benefits toward monthly fares for trains, buses and vanpools. (Employers can also offer up to $215 per month for qualified parking.)
The Commuter Tax Benefit program (previously known as DeduCT-a-Ride) is provided as a commuter service by the Connecticut Department of Transportation. Employees who participate in the program may use the benefit when they commute to work on commuter trains, buses, in vanpools or toward the cost of qualified parking.
That’s good news for employees in the Greater New Haven area, who can choose from a variety of convenient transportation options, such as the Shore Line East Commuter Rail, New Haven Line (Metro-North) trains, CTTransit buses, DATTCO buses and Easy Street and employer vanpools.
In addition, helping employees find the quickest and most convenient commute possible can be a significant benefit for any company. Rideworks provides information on low-cost transportation options that improve the mobility of the work force and help employees get to work on time and less stressed.
The Commuter Tax Benefit program is easy for employers to set up, often at little or no cost. Employers have three options for offering the benefit to employees:
For more information on the Commuter Tax Benefit program or to schedule an appointment, contact Brooke Hoberman, Rideworks’ Employer Services Coordinator, at email@example.com or 1-800-ALL-RIDE (1-800-255-7433, ext. 129). For information on other transportation alternatives, call Rideworks at1-800-ALL-RIDE or visit www.rideworks.com.
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