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FSA Commuter Account
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© 2014-2015 WageWorks, Inc. All rights reserved. This document contains proprietary and/or confidential work product that belongs to WageWorks, Inc. and may not be used, reproduced, modified, displayed or distributed without the prior written consent of WageWorks, Inc.
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What are Commuter Benefits? • Pre-tax benefit account used to pay for: § §
Public transit as part of your daily commute to work Qualified parking as part of your daily commute to work
• A great way to: § §
Put extra money in your pocket each month Make your commute more convenient
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© 2014-2015 WageWorks, Inc. All rights reserved. This document contains proprietary and/or confidential work product that belongs to WageWorks, Inc. and may not be used, reproduced, modified, displayed or distributed without the prior written consent of WageWorks, Inc.
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Going Your Way Save while you ride or park • Bus, light rail, regional rail, streetcar, trolley, subway, or ferry • Vanpool • Parking at or near work • Parking at or near public transportation
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© 2014-2015 WageWorks, Inc. All rights reserved. This document contains proprietary and/or confidential work product that belongs to WageWorks, Inc. and may not be used, reproduced, modified, displayed or distributed without the prior written consent of WageWorks, Inc.
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Why You Need It • Save an average of up to 30% on public transit and parking as part of your daily commute to work • Easy to use—download a free mobile app and manage your account with your mobile device • No waiting—sign up any time to start saving—and no “use it or lose it” as long as you’re enrolled
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© 2014-2015 WageWorks, Inc. All rights reserved. This document contains proprietary and/or confidential work product that belongs to WageWorks, Inc. and may not be used, reproduced, modified, displayed or distributed without the prior written consent of WageWorks, Inc.
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How It Works ①
Determine how much to contribute § §
Estimate how much you’ll need Elect how much to contribute
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Funds are taken from your paycheck before taxes
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Start saving up to hundreds of dollars in one year §
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Savings result from lower overall taxes
Pause, change, or cancel anytime
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© 2014-2015 WageWorks, Inc. All rights reserved. This document contains proprietary and/or confidential work product that belongs to WageWorks, Inc. and may not be used, reproduced, modified, displayed or distributed without the prior written consent of WageWorks, Inc.
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How You Use It Use your WageWorks Card to pay instantly for vouchers and passes • Works like a debit card, just swipe and go • Funds loaded directly from your elections • No PIN required
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© 2014-2015 WageWorks, Inc. All rights reserved. This document contains proprietary and/or confidential work product that belongs to WageWorks, Inc. and may not be used, reproduced, modified, displayed or distributed without the prior written consent of WageWorks, Inc.
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Real Simple • Get your pass § §
Home delivery SmartCard reloaded automatically
• Pay your parking § §
Pay My Parking Pay Me Back
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© 2014-2015 WageWorks, Inc. All rights reserved. This document contains proprietary and/or confidential work product that belongs to WageWorks, Inc. and may not be used, reproduced, modified, displayed or distributed without the prior written consent of WageWorks, Inc.
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How You Manage It Online at www.wageworks.com • Place your commuter order
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© 2014-2015 WageWorks, Inc. All rights reserved. This document contains proprietary and/or confidential work product that belongs to WageWorks, Inc. and may not be used, reproduced, modified, displayed or distributed without the prior written consent of WageWorks, Inc.
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How You Manage It Use WageWorks EZ Receipts® • File a claim and get reimbursed quickly • View transactions and benefit account balances using a single login • Snap a photo of receipts and submit them for payment
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© 2014-2015 WageWorks, Inc. All rights reserved. This document contains proprietary and/or confidential work product that belongs to WageWorks, Inc. and may not be used, reproduced, modified, displayed or distributed without the prior written consent of WageWorks, Inc.
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How Much You Can Contribute • Maximum contributions §
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$255/month max. for transit and vanpool $255/month max. for parking
• IRS sets the contributions guidelines • Limits may change during the year
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© 2014-2015 WageWorks, Inc. All rights reserved. This document contains proprietary and/or confidential work product that belongs to WageWorks, Inc. and may not be used, reproduced, modified, displayed or distributed without the prior written consent of WageWorks, Inc.
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How You Get It There’s no reason NOT to sign up! • Save on taxes • Get passes at home • Pay parking automatically • Enroll online • Sign up, change, or cancel anytime
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© 2014-2015 WageWorks, Inc. All rights reserved. This document contains proprietary and/or confidential work product that belongs to WageWorks, Inc. and may not be used, reproduced, modified, displayed or distributed without the prior written consent of WageWorks, Inc.
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All Aboard, Anytime Ongoing enrollment • Sign up whenever you choose • Make changes or cancel anytime
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© 2014-2015 WageWorks, Inc. All rights reserved. This document contains proprietary and/or confidential work product that belongs to WageWorks, Inc. and may not be used, reproduced, modified, displayed or distributed without the prior written consent of WageWorks, Inc.
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© 2014-2015 WageWorks, Inc. All rights reserved. This document contains proprietary and/or confidential work product that belongs to WageWorks, Inc. © 2014-2015 WageWorks Inc. All rights reserved.and may not be used, reproduced, modified, displayed or distributed without the prior written consent of WageWorks, Inc. ®
