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Our Goals

Partners

The goals of the TRANSIT SOLUTIONS™ are to:

  • Improve the air quality on Long Island.
  • Increase ALL forms of transit ridership on Long Island by clearly communicating all of the transit options available to workers and residents.
  • Help to educate Long Island employers and workers about the pre-tax commuter benefit and the programs available for them to save money.
  • Increase awareness of transit fare options, including convenient mail and Internet purchasing options.
  • Research areas where demand for expanded transit services exist in order to serve Long Island residents and businesses better.

Employers

The average American driver may spend more than 450 hours each year - equal to nearly 11 weeks of work - behind the wheel.

The result: A mounting level of frustration, stress, anger and hostility that causes illness, reduces productivity in the workplace, and degrades the quality of life at home.

In addition to improving the environment, encouraging your employees to use transit helps them -- and you in many ways:

  • Reducing stress
  • Reducing accidents
  • Saving money - on fuel, maintenance, insurance, parking and taxes!

Pre-tax commuter benefit programs can save you thousands of dollars in payroll taxes while helping your employees and the environment.

dollar
Sample employee savings with
pre-tax commuter benefits
Monthly commuter expenses $125
Annual salary $40,000
Monthly Costs without pre-tax deduction $125
Monthly Costs with pre-tax deduction $75
Employees could net annual savings $600*

Sample payroll tax savings
with pre-tax commuter benefits
Number of employees 250
% employees using mass transit 15%
Company's Annual Payroll Tax Savings $4,245**

* Calculated using 2010 FICA tax rates.
** Calculation assumes all employees utilizing maximum pre-tax deductions allowed for commuter benefits, $125/month for transit, and earn less than $94,200 annually and therefore subject to 7.65% FICA taxes. Actual savings may vary. Consult your tax advisor.

 

It's easy for you. All you have to do is enroll your company in a pre-tax commuter benefit program.

Click here for a complete list of benefit programs.

Contact Transit Solutions at (516) 242-8121 for a complete presentation at your location.


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Partners

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