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’s a benefit allowed by the IRS, such as an HSA.
If you take transport instead of drive/bike to work, you tell your job to takeout $X of your paycheck, you then likely get a metro card issued by the company so they can track the usage, and then your pre-tax dollars are used to pay for it instead of your post-tax dollars.
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