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1120 SW Fifth Ave, Suite 800, Portland, OR 97204
Even if your employer doesn't offer a free or subsidized transit pass there are still ways to save big money on monthly or yearly passes. By allowing you to deduct wages from your paycheck to pay for transit passes, employers save you and the business from paying taxes. You'll save over 30% on a yearly transit pass!
The federal government allows you to dedcut up to $230 each month for transit costs. The chart below shows how much you and your employer save by paying for transit pre-tax. It's a win-win. All it takes is for your payroll department to set it up.
Example of Savings with Pre-Tax Payroll Deductions
If you'd like more information on getting pre-tax deductions available at your employer, contact me. Email scott [dot] cohen [at] pdxtrans.org or call me (503) 823-5345. I'd be happy to talk to your payroll staff or other administrators to help save you money getting around!