Discovery benefits commuter

What is a commuter benefit plan? How does Wageworks card work? COMMUTER BENEFITS : SAVING MONEY TO AND FROM WORK.

If you’re thinking about enrolling in one of these benefits or planning to continue your existing healthcare coverage through COBRA, we have all the information you need to make the best financial decisions for you and your family. I have been involved in many employee benefit plan implementations over the years. Discovery Benefits handles our account well and is able to handle our complexities and nuances with great care.

Transit and vanpooling benefits let you pay for transportation to and from work with tax-free money. Examples of eligible transportation for transit benefits include train, bus, subway and ferry. If you commute to and from work, commuter benefits help you save on subway, bus , and train rides, as well as parking and vanpooling.

You are able to use the same debit card for all benefits you have with Discovery. However, the cost of routine skin care (face creams, etc.) does not qualify. When the expense has both medical and cosmetic purposes (e.g., Retin-A, which can be used to treat both acne and wrinkles), a note from a medical practitioner recommending the item to treat a specific medical condition is required.

From guides and explainer videos that simplify our products to infographics and savings calculators that take the guesswork out of plan elections, we’ve got resources for everyone. A commuter plan allows you to set aside pre-tax dollars for qualified transit and vanpooling. Your password has been reset successfully.

Commuter costs can pile up, especially in major cities. The algorithm is subject to change in future. They are full of scam and the company should go bankrupt. I highly recommend none of the employers use DB.

Only work-related transportation expenses are eligible. How can I access my commuter (transit or parking) funds? Can I carryover my commuter (transit and parking) funds on a month to month. The company provides administration of health savings accounts, flexible benefits , COBRA, commuter. And we definitely couldn’t accomplish a mission.

My company uses discovery benefits for our Flex Spending. The benefit allows employees to set aside tax-free money to pay for their commuting expenses, and can be used for mass transit, rideshares and qualified paid parking. Employers get in on the savings too. Watch our video to learn more. Please complete and submit this worksheet to your employer.

This is an internal document used by your employer for data collection purposes. Chemours benefits -eligible employees. Sign in to like videos, comment, and subscribe.

Check out our calculator to see how much you could save.

Monthly Cut off Deadline: 3rd of every month. The full commuter benefits will be available the 1st of the month following your benefits eligibility date. Step 2a: Medical Reimbursement Information — You may submit one form per receipt or lump all receipts together and submit only one form. The commuter benefit is a pre-tax account to pay for public transportation as part of your daily commute or qualified parking. You can use these funds to pay for public transit such as train, subway, bus, or ferry and parking at or near work.

To purchase passes for the 1st of the month you must elect your.