The RTA Transit Benefit Fare Program is a pre-tax benefit program that allows employees to pay for transit and parking using pre-tax dollars.
The RTA Transit Benefit Fare Program can be used by employees commuting on CTA, Metra, Pace and other transit providers across the Chicagoland region. If the parking benefit option is activated, the card may also be used at CTA, Metra, and Pace Park & Ride stations, as well as other qualified parking garages where Debit Mastercard® is accepted.
Offering the RTA Transit Benefit Fare Program is a win-win for employers and employees:
- Your company can save an average of 7.65% in payroll taxes.
- Participating employees can save up to 40% on their commuting costs annually.
- By lowering their taxable income, participating employees also may be able to reduce their federal and state income taxes.
Your company can offer the RTA Transit Benefit Fare Program in the form of a pre-tax, employee-paid payroll deduction.
The RTA Transit Benefit Fare Program offers a one-stop shop with multiple product choices. Our user-friendly website makes administering the program simple and easy.
Download our Account Setup Guide and Enroll Today!
Contact us to learn more about the RTA Transit Benefit Fare Program.