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Commuter Benefits
Smart Savings for the Daily Commute
Getting to and from work shouldn’t be a financial burden. Whether your employees pay for parking or rely on public transportation, commuter costs add up fast. CIP Group’s commuter benefits program provides a tax-smart solution: employees can set aside pre-tax dollars to cover eligible transit and parking expenses, helping them keep more of their paycheck.
How it Works
CIP helps you adopt a Section 132 Transportation Reimbursement Plan, allowing employees to enroll and set up automatic pre-tax payroll deductions. Funds are loaded onto a debit card employees can use directly for qualified expenses—no need to submit receipts or wait for reimbursement.
Participants can manage their accounts anytime through a mobile app or secure web portal, and you’ll receive regular reports for easy oversight. The IRS sets an annual limit for pre-tax contributions, and we’ll help you stay up to date with compliance requirements.
Covered Expenses Include
Briefly describe your degree and any other highlights about your studies you want to share. Be sure to include relevant skills you gained, accomplishments you achieved or milestones you reached during your education.
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Qualified Parking: Near the workplace or a commuter hub
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Public Transit Passes: Bus, subway, train, and ferry fares
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Vanpooling: In eligible commuter highway vehicles
Why Partner with CIP Group?
We make commuter benefits simple to administer and even easier for employees to use. From plan setup to ongoing support, we handle the details—so you can offer a valuable perk that saves your employees money and supports your recruitment and retention goals.​
Want Pricing? Let us know a few details.