Your employees likely spend a huge chunk of their personal time commuting to and from work each month.
Make their journey more convenient and affordable by implementing Commuter Accounts from Flex. Not only will
their commute be much easier, but they'll realize major tax-savings in the process.
Let's face it, commuting to work can be a chore. Make your employees' lives a little easier with a Commuter Account from Flex. Commuter Accounts are an easy and convenient way for employees to plan for their commute and save money in the process. These accounts allow employees to pay for eligible transportation and parking expenses using tax-free dollars, which can save them as much as 30% on everyday commuting expenses.
Flex takes on all the burden of administering the Commuter Accounts. We manage all aspects of the plan, including seamless implementation, educational materials for your employees, and ongoing administration. You'll also be able to track and analyze your Commuter Accounts in real-time, with online access to your plan information and a full suite of customizable reports available.
Commuter Accounts from Flex come with the Flex Card that can be used to pay for mass transit and parking expenses directly from the account. These smart cards are auto-loaded with plan contributions and will only work at eligible transit and parking locations. We also offer direct deposit and traditional check reimbursements for parking claims.
Plus, our user-friendly website and mobile app make it easier than ever for employees to keep tabs on their accounts. With Commuter Accounts from Flex, your employees get all the benefit with none of the hassle.
Stacking HSA, FSA, HRA and Commuter Plans on one debit card makes using benefits simple
With multiple transaction and reimbursement options, you can create a plan that fits your employees' needs.
Easy online enrollment, contributions
and plan management
Easy plan setup and personalized
Help your employees make the
most of their plan
What is a Commuter Account? A Commuter Account is an employer- sponsored benefit that allows you to pay for qualified workplace mass transit (Transit Account) and parking expenses (Parking Account) using money that is not taxed.
What is a Commuter Benefits Account? A commuter benefits account is an employer-sponsored benefit program that allows you to set aside pre-tax funds in separate accounts to pay for qualified mass transit and parking expenses associated with your commute to work.
On November 15th, the IRS released Revenue Procedure 2018-57 which includes inflation adjustments for certain employee benefit programs and other items. The following inflation adjustments will be made for 2019