Commuter Benefits Account

EMPOWER

Advanced Flex Plan Administration with the Human Touch

Commuter Benefits Account

A Commuter Benefits Account (CBA) allows employees to save on mass transit and parking expenses associated with their work commutes. Employees may contribute pre‐tax funds to the account and Employers can contribute as well.

Eligibility

Employers

All Employers can add a CBA.

Participants

All employees may enroll in a CBA offered by their employer.

Who Can Contribute

Employers and participants can contribute to a Commuter Benefits Account.

Advantages of a CBA

Employers

Since Employee contributions reduce taxable income, FICA/FUTA taxes are also reduced.

Employers may also contribute. This is an attractive benefit to prospective Employees.

Participants

Employees save taxes on commuting expenses.

Want the Latest Contribution Limits and Guidelines?

EMPOWER’s Benefits Solutions Guide takes the guesswork out of benefits by providing a comprehensive synopsis of each plan type, as well as comparisons and sample scenarios.