Page 23 - NYMets_2018_Benefits_Guide

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at-bat: transit benefits

If you live in New York, New Jersey or Connecticut, transit paying for transportation
benefits (available through TransitChek by WageWorks) allow Through TransitChek, you can pay for your transit expenses
you to pay for eligible transportation expenses with pre-tax as follows:
dollars. You can purchase passes and tickets for all major
public transportation services nationwide. Ÿ TransitChek QuickPay® Prepaid Visa® Card

Allows you to use your pre- and post-tax deductions to pay
How the Plan Works
for transit expenses. The card is reloadable and is accepted
First, to participate, you will need to register (first-time users at ticket windows, ticket vending machines, parking facilities
enter code: ZNF68) and enroll online through TransitChek and online to purchase tickets and passes everywhere Visa
directly. You elect the amount of your transit expense. debit cards are accepted.
TransitChek benefits are prefunded, which means the amount Ÿ Premium TransitChek Metro Card (Monthly Unlimited)
deducted from your paycheck will be for the next month’s Provides local transit passes such as the Premium
commuting expense. For example, your January payroll TransitChek MetroCard in New York City. The Premium
deduction will pay for transit passes for February.
TransitChek MetroCard is good for an entire year and is
Like premiums for your health care benefits and FSA mailed directly to your home.
contributions, all commuter benefit contributions are deducted
from your paycheck on a pre-tax basis up to the monthly IRS
limits. This means your contributions are deducted from your
paycheck before Social Security, federal and state income taxes
are withheld, further lowering your income for tax purposes.
You can set aside up to $260 per month on a pre-tax basis to
pay for commuting expenses.
If your transit passes exceed the IRS limits, the additional
amount(s) will be deducted from your pay on an after-tax basis.

Note: Funds cannot be used for EZ Pass.

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