| As of January 2005, federal tax law allows commuters to set aside up to $105 per month to pay for transit and vanpool fares plus up to $200 for qualified parking. The Connecticut Department of Transportation promotes this tax-free commute benefit throughout the state as the DeduCT-a-Ride program. The DeduCT-a-Ride program offers substantial savings for both employers and commuters. DeduCT-a-Ride works like other salary deduction programs and is as easy to implement as it is to use.
Commuter tax incentive programs like DeduCT-a-Ride are making a difference to thousands of employees throughout the state. In addition to monetary rewards, participants enjoy a less stressful commute and take satisfaction in knowing that they are helping to relieve congestion and reduce the environmental impact of driving alone to work.
Visit www.deductaride.com to learn more about how you can benefit from this program.
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