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Save on the cost of coming to work.... for you and your employees
With gas prices always a factor, employees are looking to save commuting costs wherever they can. In fact, a survey from the federally-funded Best Workplaces for Commuters reports that 12% of commuters have considered switching jobs to shorten their commute and reduce expenses. Tax savings and discounts on parking garages, bus passes, and vanpools — help your employees save on all of this and more.
Check out the benefits for employers
and their participating employees below:
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Participating
Employers |
Participating
Employees |
| Convenience |
- An easy employee benefit to start and so simple to manage
- Online enrollment and reporting
- No additional staffing required
- Administration and employee education provided by Chard Snyder
- Unparalleled customer service for your HR department and employees
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- Buy $martCommuter parking passes online
- Buy Metro and TANK transit passes online
- Buy vanpool vouchers online
- Receive reimbursements for parking garage costs by simply submitting an online or paper reimbursement form
- Set aside up to the federally-allowed maximum each month in pre-tax earnings for commuter parking costs and transit or vanpool commuting costs
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| Savings |
- Save the 6.20% FICA contribution on participants' payroll*
- Save the 1.45% Medicare contribution on participant's payroll*
- Save all your federal unemployment insurance taxes on participants payroll*
- Save with discounted plan administration fees
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Save 25-30% on commuter expenses** by using tax-free dollars for:
- Metro and TANK bus passes
- Vanpools
- Parking Fees
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| Options |
- Design your plan to feature tax-free contributions from the employee, the company, or share commuting costs with your employees
- Providing optional tax-free commuting dollars can provide a big benefit for employees at a small cost to the employer
- Administration costs may be paid by the employer, passed on to employee or shared
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- Choice of daily or monthly parking savings
- Choose to pay cash daily on the bus or buy a pass good for the entire month
- Vanpools subsidized $400 by RideShare
- Change employee-paid pre-tax contribution amounts as circumstances change
- NO use it or lose it!
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*The $martCommuter Travel Savings Plan is governed by section 132(f) of the Internal Revenue Code, as amended on June 9, 1998, by TItle IX, Section 9010 of the Transportation Equity Act for the 21st Century, Public Law 105-178. An official version of the tax law may be found at 26 USC Section 132(f).
**Exact savings will vary based on FICA, city, state and federal taxes

Click on the image above to view a brief video about the SmartCommuter program.
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