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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 ...
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.
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.
WageWorks Acquires Benefit Concepts to Further Its Leadership Position in Consumer-Directed Benefits SAN MATEO, Calif.--(BUSINESS WIRE)-- WageWorks, Inc. (NYS: WAGE) , a leading provider of ...
WageWorks Reports Fourth Quarter and Full Year 2012 Financial Results Fourth Quarter 2012 total revenue of $46.7 million, a 37% increase year-over-year Full year 2012 total revenue of $177.3 ...
WageWorks Reports Strong First Quarter 2013 Financial Results Total revenue of $56.1 million, a 27% increase year-over-year First quarter 2013 GAAP net income of $4.6 million or $0.14 per diluted ...
v. t. e. In the United States, a flexible spending account ( FSA ), also known as a flexible spending arrangement, is one of a number of tax-advantaged financial accounts, resulting in payroll tax savings. [1] One significant disadvantage to using an FSA is that funds not used by the end of the plan year are forfeited to the employer, known as ...
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