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Transportation Plans Offer Valued Benefits But Pose Compliance Issues (PDF)
Mercer Link to more items from this source
[Guidance Overview]
Jan. 27, 2023

17 pages. "Since 1998, employees have been able to pay for qualified transportation fringes through pretax salary reductions ... The tax exemption extends to commuting expenses for transit passes, qualified parking, van pools, and in certain years, bicycles. While these benefits are not subject to cafeteria plan or ERISA rules, compliance difficulties exist, and a 2018 tax law added complexities. Some state and local jurisdictions have imposed employer mandates ... others provide tax-related incentives."

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