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SPECIALISTS IN THE ADMINISTRATION OF
QUALIFIED TRANSPORTATION BENEFITS PROGRAMS

With the help of QTB Services, Inc. employers can empower their employees to turn their commute to and from work into an increase in their disposable income, at no cost to their employer.  The program is easy for the employer to implement and easy for the employees to understand, use and reap the financial benefits.

Eliminate the Employer Ticket Booth

Transit Passes: Select your pass online, it will be delivered to your home each month.
SmartCards: Your contributions are loaded directly to your SmartCard.
Swipe-N-Save MasterCard: Works like a debit card for Qualified Transit & Parking expenses.
Parking Direct Pay: Your parking garage is paid directly with your contributions.

There is no cost to the employer because the employer's FICA savings offset QTB Services administration cost.

Participants in the program pay less in taxes to the government and keep more of their income for themselves.

The government allows the employer to implement a Qualified Transportation Benefits program for employees who incur qualified expenses commuting to and from work.  The program allows an employee to pay for their monthly transportation expenses with pre-tax dollars - up to $230 for Mass Transit and up to $230 for Parking.  An employee who participates in the program will increase their disposable income because of the reduction in FICA and Income Taxes due to the pre-tax dollars.  The amount of the employee's increase is dependent on their compensation and commuter expenses.

  • An employee earning $45,000 per year, who incurs $230 per month in mass transit expenses can increase their take home pay by approximately $984, equivalent to a 3.40% raise.   
  • An employee earning $80,000 per year, who incurs $230 per month in parking expenses can increase their take home pay by approximately $984, equivalent to a 1.91% raise. 
  • An employee earning $87,000 per year, who incurs $230 per month in mass transit expenses and $230 per month in parking expenses can increase their take home pay by approximately $1,968, equivalent to a 3.52% raise.

Eliminate the Employer Ticket Booth Do Not Distribute Transit Cards/Vouchers

Employers should take advantage of this tax savings opportunity for their employees who reside in an area where mass transit or paid parking is regularly used for commuting to and from work.  Enhance your employee benefit package with the implementation of our Qualified Transportation Benefit program. Both employees and employers will reap the benefits.

For further information, please contact QTB Services, Inc.

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