Commuter - Employer
- How many employees do I need to sign up for commuter benefits?
- What are the different types of commuting expenses covered?
- What are the current monthly tax-free allowable limits?
- What expenses aren’t covered?
- What’s the difference between a subsidy and a pre-tax deduction?
- How will my employees get their commuter benefits?
- How do employees use their commuter benefits?
- Can employees redeem commuter benefits for cash?
- Do commuter benefit products come in set dollar amounts or can my employees choose any value?
- How do vanpools work?
- Can my employees get their benefits automatically each month?
- Do I need to keep detailed tax records?
- How long would it take to set up my company’s own commuter benefits program?
- Can my employees get commuter benefit products in any value?
How do vanpools work?
In order for a vanpool to be qualified as a “vanpool,” 80% of the mileage must be for the transport of employees to and from the place of work; seating capacity must be for 6 employees plus the driver, in which at least half of the seats are used. The van can be operated by the employer, employee or a third party. Employees that participate in a qualified vanpool can use commuter benefits to contribute towards associated costs.
Last update on May, 7 2014 by Elizabeth Bonney.