Contact Contact

Tax Day is Around the Corner: Public Transportation Can Help You Save on Your Commute!

April 13, 2017

Tax day

Tax day is as American as apple pie, right? As it approaches, the RTA is reminding riders about a tax benefit that is good news for both employers and employees: a transit benefits plan.

Offering transit benefits is a win-win for both employees and employers. Riders can save as much as 40 percent every month when they set aside up to $255 as a pre-tax benefit to commute on CTA, Metra, and Pace as well as other transit agencies across the RTA region. Riders pay less for riding transit and employers have an additional tool to help them recruit and retain talent and help their bottom line. Transit benefit programs save employers an average of 7.65% of the pre-tax deductions on their payroll taxes. The RTA encourages riders whose employers do not participate in such a plan to share this information with them so they can enroll.

Research shows that young professionals in Chicagoland prefer to live in urban areas and commute to work by public transportation – in fact, more than 62% of those who work in the Loop and South Loop area take transit. Taking public transportation can save time and money, in addition to offering environmental and health benefits. 

The RTA Transit Benefit Fare Program serves more than 1,400 companies throughout the Chicago region. More than 21,000 employees at these companies enjoy the benefit of saving money while commuting with the CTA, Metra, Pace, South Shore, Amtrak, Chicago Water Taxi and many other public transportation providers. This low-cost program is easy for companies to administer and manage, and provides a one-stop shop for all a commuter's transit needs.

To learn more about transit benefits and the RTA Transit Benefit Fare Program visit http://www.mytransitbenefit.com or contact us at (312) 913-3230.

 

Subscribe to our Newsletter

* indicates required
Type your email address here
What emails would you like to receive from the RTA
Tagged in:

Related Articles

RTA ADA AWARENESS 2020 1 RTA celebrates 30 years of the Americans with Disabilities Act

This month the RTA is celebrating the 30th anniversary of the Americans with Disabilities Act (ADA). The ADA transformed society and provided opportunities f...

July 29, 2020
Pace Buses 3569195969 1588881889263 Take a survey to help improve mobility options for older adults and people with disabilities

Do you or someone you know face transportation challenges? The Regional Transportation Authority (RTA) wants to hear from you about transportation issues and...

May 7, 2020
Transportation Tuesday Event Brite Banner V3 004 Transportation Tuesday Webinar Series: Attend the 2020 RTA Annual Planning Workshop Virtually

The RTA is launching a four-part webinar series in place of the Annual Planning Workshop due to the ongoing COVID-19 pandemic. The free, virtual sessions wil...

April 17, 2020
Call Banner 3485388325 1590696008966 Announcing the 2020 Access to Transit Program Call for Projects for Small-Scale Capital Projects

We are excited to announce that the call for projects for the RTA  Access to Transit Program is now open. The RTA launched the Access to Transit program in 2...

March 13, 2020
22 RTA 0646 Happy International Women’s Day and Women’s History Month from the RTA

Each year the RTA celebrates Women’s History Month in March to recognize the women who work at, and ride, CTA, Metra, and Pace every day. The celebration coi...

March 8, 2020
Survey image How's Your Ride? Take This Survey

We’d like to hear your thoughts about public transit!  The RTA is sponsoring a system-wide customer satisfaction survey and would like your feedback about yo...

March 2, 2020
RTA
CTA
Metra
Pace
Copyright © 2024 Regional Transportation Authority. All Rights Reserved.