Benefit Guide - People
QUALIFIED TRANSPORTATION PROGRAM
The Qualified Transportation Expense Program (QTE) is an IRS Qualified Transportation Expense benefit that will allow employees to conveniently set aside pre - tax dollars to pay for eligible commuting expenses. Employees will also be allowed to deduct post - tax dollars for deposit into their QTE account for expenses greater than the pre - tax limits. Benefit Resource Inc. has been selected as the third party administrator for this program. They will issue employees an Benefits Card which will store your payroll deducted funds. The monthly limits for 2024 are $315 for transit and $315 for parking.
For additional plan information, please refer to your detailed plan design. In the event of a discrepancy, the carrier Plan Document shall prevail.
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