The take care Commuter Benefit Program lets employees pay for the expenses of parking near their place of employment and travel to and from work.
Employees set aside a certain amount of each paycheck into an account--before paying income taxes.
During the year, participants may access this account for transit and parking expenses. Payments from the account are tax-free to employees.
Transit and Vanpooling monthly limit: $130 per month for the calendar year 2014.
Parking monthly limit: $250 per month for the calendar year 2014.