My work offers this but I’m a bit embarrassed to ask HR, is this is just pre tax money on a card for transit? Can I buy a metro card or just use the card they give me?
In: Economics
It really depends on the company. Mine has direct integration with most major transit agencies, so I can use it to just fill up my pre-existing personal transit account using pre-tax dollars. If you really do the math on this, it doesn’t save you *that* much, but it’s something. (even if you’re in the highest tax bracket, it’s only going to be a 40% ish discount, and for most people much less than that)
Latest Answers