Qualified Transportation Benefits (QTB)

Under IRS Section 131 Qualified Transportation Benefit, employers are allowed to offer workers the ability to use pre-tax dollars to help pay for the cost of commuting to and from work. There are three different types of Transit/Commuter Benefits.

Parking Account

  • Covers cost of parking at or near place of work or for:
    • Parking at transit facilities (bus, train or subway stations)
    • Carpool pick up locations
    • Commuter vehicle (vanpool) pick up locations
    • Parking meter
  • Up to $325.00 per month
  • Debit Card
  • May be held at same time as Transit Benefit

Public Transit / Mass Transit / Vanpool Account

  • Fares for buses, trains, subway and ferry
  • Vanpool must have seating for 6, not including driver
  • Up to $325.00 per month
  • Debit Card
  • May be held at same time as Parking Benefit

Contact Us

For immediate assistance please call us toll-free.

877-731-3532