You can lower your transit costs to as little as 88 cents a ride - or even less. And you'll never have to wait on line in the subways again.
How? By getting your employer to join the TransitChek Program. Here's how TransitChek works:
You can have up to $115 a month of your salary exempt from all income taxes - as long as the money is used to pay for the cost of getting to work by transit. You don't need to do anything fancy, like itemize your taxes. The money will be automatically set aside and not reported as taxable income on your W-2 form.
The bottom line: You pay less in taxes. This can cut $200 or even $300 a year on your subway and bus costs. Your boss saves as well, because the company gets a similar break on employer taxes.
And it’s really convenient. Many employees get their TransitChek MetroCards with their regular paychecks - some are even getting it mailed to them.
To see how much you can save with TransitChek, click here.
You can get more information on TransitChek by visiting www.transitcenter.com. Or you can request information at sales@transitcenter.com.
Click here to get tips on how to convince your employer to join TransitChek.
For another way to save time and money, click here to find out how to buy Metro Card online and find out which merchants sell it.