Are you taking advantage of the JHU Commuting-to-Work Program?

You can sign up anytime to start paying with pretax dollars

Photo shows woman looking at her phone while riding in a subway car

Image caption: With JHU's Commuting-to-Work Program, you may elect a transit (public transportation) or parking (non-JHU) account, or both.

JHU's Commuting-to-Work Program allows you to have pretax deductions taken from your pay to cover eligible expenses associated with your daily commute to work. And you don't need to wait for annual enrollment—you can sign up anytime to start saving. It's a great way to put extra money in your pocket each month and make your commute more convenient and affordable.

You may elect a transit (public transportation) or parking (non-JHU) account, or both. The amounts are excluded from your taxable income up to the amount allowed by the IRS.

For tax year 2018, the pretax spending limit for mass transit will increase from $255 to $260 a month. The limit for non-JHU parking also will increase to $260 a month. For those employees in the Washington, D.C., area, JHU's program complies with the transit amendment to the Clean and Affordable Energy Act.

WageWorks, Johns Hopkins' commuter benefits provider, offers transportation passes and automatic payment of your monthly non-JHU parking fees.

For more information or to enroll in the commuter program, visit WageWorks online or call 877-924-3967.

Posted in Benefits+Perks

Tagged hr newswire