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What Happens to Qualified Transportation Plan Balances Upon Termination of Employment?
Thomson Reuters / EBIA 
[Guidance Overview] Aug. 21, 2025 "Your plan's choices are limited by two rules that apply to all qualified transportation plans: [1] the 'no-former-employees' rule, which prohibits qualified transportation plans from reimbursing expenses incurred and paid after termination of employment, and [2] the 'no-refunds' rule, which prohibits refunds of unused balances. These rules apply equally to employer contributions and pre-tax compensation reductions." MORE >> |
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