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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 ...
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 ...
All payments are by credit card; Wageworks and Transitchek prepaid commuter cards are not accepted, as bike sharing programs do not qualify as eligible commuting expenses under US tax law. [157] Issues [ edit ]
FSA debit card. A FSA Debit Card is a type of debit card issued in the United States. It can access tax-favored spending accounts such as flexible spending accounts ( FSA) and health reimbursement accounts ( HRA ), and sometimes health savings accounts ( HSA) as well. An example of a Flexible spending account debit card with info edited out.
HealthEquity Inc on Tuesday confirmed its offer to acquire WageWorks Inc in a deal valuing the administrator of employee benefits at about $2.01 billion. The offer of $50.50 per share represents a ...
WageWorks Inc’s (NYSE:WAGE) most recent return on equity was a substandard 7.58% relative to its industry performance of 12.58% over the past year. Though WAGE’s recent performance is ...
Commuter Club. Workers and residents already using a commute alternative can join the Commuter Club. As a participant, commuters can earn gift cards for logging 20 qualified clean commutes in a three-month period. Carpools are eligible for one gift card per member. The program is open to anyone who works or lives in Jefferson and Shelby Counties.
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