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An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.
The proportion of non-elderly individuals with employer-sponsored cover fell from 66% in 2000 to 56% in 2010, then stabilized following the passage of the Affordable Care Act. Employees who worked part-time (less than 30 hours a week) were less likely to be offered coverage by their employer than were employees who worked full-time (21% vs. 72%).
WageWorks and Zipcar Team Up to Lower Transportation Expenses for Commuters New Program Offers Commuters Increased Convenience and Savings SAN MATEO, Calif. & CAMBRIDGE, Mass.--(BUSINESS WIRE ...
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Towers Watson Selects WageWorks to Administer Health Accounts on Towers Watson's New Private Health Insurance Exchange NEW YORK & SAN MATEO, Calif.--(BUSINESS WIRE)-- Towers Watson (NYSE, NASDAQ ...
Employee flexible spending account facilitator WageWorks announced a plan to capitalize on its strong share price Tuesday, selling more than 3.4 million shares of common stock, or enough shares to ...
WageWorks has entered into a "strategic alliance" with corporate resources provider Ceridian. Under the new agreement, WageWorks will assume responsibility for a number of Ceridian-provided ...
Employee benefits in the United States include relocation assistance; medical, prescription, vision and dental plans; health and dependent care flexible spending accounts; retirement benefit plans (pension, 401 (k), 403 (b) ); group term life insurance and accidental death and dismemberment insurance plans; income protection plans (also known ...