2024-Framebridge-Benefit Guide

COMMUTER BENEFITS

COMMUTER BENEFIT PLAN Framebridge offers employees a way to save money on transit and parking expenses through a commuter benefit plan administered by Benefit Resource, Inc. Employees can set aside payroll deductions on a tax-free basis in separate accounts to pay for qualified workplace mass transit and parking expenses. The IRS limit is $315 per month for both transit and parking.

ACCOUNT TYPE

ELIGIBLE EXPENSES

MONTHLY CONTRIBUTION LIMITS*

ACCESS TO FUNDS

Transit Account

Between $10 and $315 on a pre-tax basis Any amount above $315 will be deducted post-tax** Between $10 and $315 on a pre-tax basis Any amount above $315 will be deducted after-tax **

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Ferry, Train, bus and subway passes (MetroCard's) Vanpool Uber Pool/Lyft ride sharing Parking at or near your work location or mass transit (used for commuting)

Request reimbursement up to the maximum monthly amount allowed per month

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Parking Account

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*Your contributions are deducted per paycheck. **Must be elected as an after-tax benefit

For additional information, please refer to your detailed plan summary. In the event of a discrepancy, the carrier Plan Document shall prevail.

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