Currently enrolled Employers/Employees, please contact our customer service team at 888-782-1008 or help@mytransitbenefit.com.
Currently enrolled Employers/Employees, please contact our customer service team at 888-782-1008 or help@mytransitbenefit.com.
Want to offer your employees a benefit that encourages them to come into the office, helps the environment, and saves both you and them money? The RTA Transit Benefit Fare Program allows your employees to set aside pre-tax income, up to $315 each month, for parking and transit fares on CTA, Metra, and Pace. Employers save money on payroll taxes and employees are incentivized to use transit to get to work, saving them money and time. The RTA Transit Benefit Fare Program will help businesses large and small comply with the Transit Benefits Program Act, which goes into effect on January 1, 2024. The new law requires employers with more than 50 full-time employees, located within a mile of fixed-route transit service in the six-county RTA region, to offer their employees a pre-tax benefit.
Employees using the Transit Benefit Program can have money deducted pre-tax from their paycheck to pay for transit and parking expenses.
Your company can offer the RTA Transit Benefit Fare Program in the form of a pre-tax, employee-paid payroll deduction.
Calculate your possible savings here.
Not only does the RTA Transit Benefit Fare Program help employers save money and attract talent, it also helps businesses and organizations comply with the new Transit Benefits Program Act, which goes into effect on January 1, 2024. The new Illinois law requires employers with more than 50 full-time employees, located within a mile of fixed-route transit service in the six-county RTA region, to offer their employees a pre-tax benefit. The map below shows how much of the region is encompassed within this new law's requirements.
Want to know more about how our program can benefit you? Send us a message, and we'll guide you through the process.
Currently enrolled Employers/Employees, please contact our customer service team at 888-782-1008 or help@mytransitbenefit.com.