By following links to any of our partner websites, you will be leaving the PayFlex site and going to a website with different content and privacy policies than ours. Some of the data gathered by this vendor may be shared with PayFlex so that we may better serve the needs and requests of our participants.
If you wish to continue, click the partner link you would like to visit below and you will automatically be connected. If you wish to return to the PayFlex site, please click the Cancel button.
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| Employer tax savings |
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Employees' commuting expenses are exempt from federal payroll taxes. You save up to 7.65% on every dollar that your employees put aside to pay for their commuting costs. Large companies can save significant amounts in payroll taxes. Even smaller employers can save big money! Example: 500 participants (under the FICA limit) spending $105 each per month on their commute. 500 x $105 x 7.65% = $4016 savings per month or $48,195 savings per year! |
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