Save Money On Commuter Expenses

Turn Everyday Travel into Savings

Turn everyday travel expenses into savings for you and your employees with a Commuter Benefits plan. Parking, transit and bicycling benefits are available as pre-tax deductions. You may also choose to directly fund Commuter Benefits as an added incentive for quality employee retention.

Commuter Benefit Basics : A Commuter Benefits plan encompasses your choice of vanpooling, transit passes, parking and/or bicycling benefits. Employees are reimbursed up to the IRS limit for their work-related travel expenses. Pre-tax Commuter Benefit plans may be funded by you, your employees or a combination of both.

The Benefits: A Commuter Benefits plan offers significant tax-savings. Employees save by directly removing taxes from their commuting expenses and reducing their taxable income.

Example: An employee earning $35,000 puts $2,000 in a Commuter Benefits plan. At the end of the year they are taxed on only $33,000 and paid no taxes on the commuting funds!

A Commuter Benefits plan will save money, whether it is used for subway passes, parking expenses or for the purchase of a bicycle. With rising travel costs, Commuter Benefits are a low-cost way to increase employee satisfaction and retention.

Employee Benefits of a Commuter Benefits plan through FBMC:
- Comprehensive packages.
- Save time with easy and convenient web enrollment and management processes.
- Choose the leading Commuter Benefits provider in the public sector—FBMC !

Employer Benefits of a Commuter Benefits plan through FBMC:
- We manage employee benefits and monthly payroll deductions for you.
- Reduce payroll personnel.
- Compliant with § 132(f) of IRS rules.
- Reduce cost through automation of web enrollment and management.

Commute to better savings today. Call us at: 1-866-690-4208 or  contact us to learn more.