Allow your employees to commute to work tax-free!
How does a commuter account work?
A commuter account is an employer-sponsored benefit program that allows your employees to set aside pre-tax funds in separate accounts to pay for qualified mass transit and parking expenses associated with their commute to work.
What is a qualified Mass Transit expense? Qualified expenses include transit passes, tokens,fare cards, vouchers, or similar items entitling you to ride a mass transit vehicle to or from work. The mass transit vehicle may be publicly or privately operated and includes bus, rail, or ferry.
What is a qualified parking expense? Get reimbursed for parking expenses incurred at or near your work location or a location from which you continue your commute to work by car pool, vanpool or mass transit. Out-of-pocket parking fees for parking meters, garages and lots qualify. Parking at or near your home is not an eligible expense.
How does the NJ commuter ordinance impact your company?
Every employer in the state of New Jersey that employs at least 20 persons shall offer to all of their employee’s the opportunity to utilize a pre-tax transportation benefit. Any employer found to be in violation of the requirement shall be liable to a civil penalty. To read the full NJ Commuter Ordinance, please click here.
OCA will be waiving its Commuter administrative fees through January 2021. This waiver is for existing New Jersey based HRA/FSA clients only. We value our relationships and intend to support our broker partners and clients in making this requirement as easy as possible. In addition, we are providing discounted rates for non-existing clients through the end of 2019.
Your employee’s commute just got easier!
You can now use your OCA commuter benefit and pre-tax dollars to pay for eligible uberPOOL, Lyft Line, and Via rides associated with your daily commute. No longer will you have to be at the mercy of public transit schedules. Simply request a ride via the appropriate app, select your benefit debit card as your payment method, and start saving.
Frequently Asked Questions
What is a commuter account?
Why should employees participate?
What is a qualified mass transit expense?
What qualifies as van-pooling?
What is a qualified parking expense?
near your home is not an eligible expense.
Can employees use their commuter account for commuting expenses like tolls and gas?
Is there a limit to how much I can contribute or spend each month?
How does an employee access their commuter account to pay for mass transit and parking expenses?
Still have questions?
Ready to Make a Change?
We’d love the opportunity to showcase how we can help with your commuter benefits program!