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WageWorks administers and operates a broad array of CDBs, including pre-tax spending accounts, such as health and dependent care Flexible Spending Accounts (FSAs), as well as Commuter Benefit ...
Tax-free commuter benefits, also known as qualified transportation fringes, are employer provided voluntary benefit programs that allow employees to reduce their monthly commuting expenses for transit, vanpooling, bicycling, and work-related parking costs. The benefit is a federal tax benefit authorized under the Internal Revenue Code Section ...
SAN MATEO, Calif.-- ( BUSINESS WIRE )-- WageWorks, Inc. ( NYS: WAGE) , a leading provider of Consumer-Directed Benefits (CDBs), such as pretax accounts for health, commuter and other employee ...
SAN MATEO, Calif.--(BUSINESS WIRE)-- WageWorks, Inc. (NYS: WAGE) , a leading provider of Consumer-Directed Benefits (CDBs), such as pre-tax accounts for health, commuter and other employee ...
In May 2017, SpotHero announced a partnership with commuter employee benefits administrator WageWorks allowing users to pay pre-tax dollars for daily parking near their places of work. In 2018, SpotHero was named to Time magazine's inaugural list of 50 Genius Companies that are inventing the future.
The employee pays the remaining fraction of the premium, usually with pre-tax/tax-exempt earnings. These percentages have been stable since 1999. Health benefits provided by employers are also tax-favored: Employee contributions can be made on a pre-tax basis if the employer offers the benefits through a section 125 cafeteria plan.
WageWorks to Present at the 12 th Annual JMP Securities Research Conference SAN MATEO, Calif.--(BUSINESS WIRE)-- WageWorks, Inc. (NYS: WAGE) , a leading provider of Consumer-Directed Benefits ...
A cafeteria plan or cafeteria system is a type of employee benefit plan offered in the United States pursuant to Section 125 of the Internal Revenue Code. [1] Its name comes from the earliest such plans that allowed employees to choose between different types of benefits, similar to the ability of a customer to choose among available items in a ...