Transit & Parking (Commuter Benefits)

Transit & Parking (Commuter Benefits)

TASC’s Commuter Benefits help employees reduce commuting costs by allowing them to use pre-tax dollars for eligible transit and parking expenses under IRS Section 132. Employees can save up to 40% on commuting costs, while employers save 7.65% in FICA taxes for every pre-tax dollar contributed. Participants access funds through the TASC Card to pay for transit passes, vanpooling, and workplace parking.

TASC offers flexible account options: Transit Accounts for transportation to and from work, Parking Accounts for job-related parking, and Gas Plus Accounts for employer-funded reimbursement of gas or transit expenses—ideal for hybrid and return-to-office initiatives.

Employees can adjust contributions monthly through the online portal or mobile app, making the benefit responsive to changing commute needs. TASC ensures full compliance with IRS Section 132 and growing Mandatory Commuter Benefits Ordinances.

With streamlined administration, cost savings, and eco-friendly commuting options, TASC’s Commuter Benefits strengthen engagement, retention, and overall employee well-being.