Did you know your work commute on SEPTA can keep more money in your wallet? A new advertising campaign for SEPTA’s Commuter’s Choice program featuring a thankful wallet, purse and pocket, tells riders how, by enrolling in the transportation benefit program offered through their employers, they can save more than $900 a year. The amount will certainly keep their purses happy.
SEPTA’s Commuter’s Choice offers programs for employers who want to provide transit discounts for their workers. Under Federal Tax Code 132F, employees who take advantage of a Commuter’s Choice program can receive up to $255 per month as a taxfree benefit toward their transportation costs, covering the entire cost of SEPTA riders’ weekly and monthly passes, pre-tax.
In addition to the tax break, workers whose employers offer the ComPass program save 10 percent on their SEPTA passes and receive their passes directly at their workplace.
SEPTA riders, passengers aren’t the only ones who reap rewards. By offering a Commuter’s Choice program, employers save up to $200 per employee in FICA-related taxes annually. “Commuter’s Choice is a great program to add to employees’ benefits packages,” said Jennifer Scimone, SEPTA Senior Sales Development Specialist. “The pre-tax savings can be substantial over the course of the year-and the programs are simple to administer.”
Customers enrolled in Commuter’s Choice currently receive a monthly TransPass, TrailPass or Cross Country pass with a magnetic stripe. In the future, Commuter’s Choice members will receive reloadable SEPTA Key cards.
Information on SEPTA’s Commuter’s Choice is available online at www.TheCommutersChoice.com. The sooner you and your employer enroll in the program, the sooner you could be making plans for the money you save. Doesn’t that make you happy?