What tax savings are associated with TransitChek?
When you offer TransitChek through pre-tax payroll deductions, commuters can save more than $900 a year and employers save an average of $90 a year for each employee that participates. Employees can set aside up to $230 per month from federal income and FICA taxes, and employers save on the matching FICA taxes. The cost of the program is tax-deductible.
