Make your employees' daily commute a tax-savings opportunity
Your employees could start saving money on their daily transportation and parking needs with a Qualified Transportation Benefit (QTB) from Lifetime Benefit Solutions. A QTB allows members to pay for commuting expenses with pre-tax dollars. Your organization can enjoy savings alongside your employees with cost-savings on payroll and federal income taxes.
Parking
A parking account can reimburse members for daily work-related expenses, such as parking lot fees and parking at a location for access to mass-transit or van-pooling sites.
Transit
A transit account can reimburse members for expenses related to mass-transit fees, such as subway and train tokens and passes, bus and ferry fares, and van-pooling expenses.
Take the first step towards savings
Saving made simple
Reduce administrative burden by providing your employees with a way to manage their spending accounts without requiring your time. The LBS Health Spending Mobile App provides easy, secure access so your employees can conveniently monitor balances and track expenses on the go.
