The IRS released a COLA for 132(f) Transportation Fringe Benefits for next year. The monthly cap is $265/month for the 2019 calendar year.
The tax-free Bicycle Commuter Benefit was eliminated as part of Tax Reform.
The tax-free Bicycle Commuter Benefit was eliminated as part of Tax Reform.
RideECO is the commuter benefit program from the Delaware Valley Regional Planning Commission (DVRPC). ECO means Easy Commute Options that can save you time and money. RideECO allows employers and commuters to save by putting pre-tax dollars (up to $265/month) towards fares on public transportation and in vanpools. Employees can realize an annual savings of nearly $1,000, while employers can save more than $240 per employee, per year.
Are you a commuter? Calculate your transportation savings here.
Are you an employer? Determine your company's annual savings by adding a RideECO program here.
Are you a commuter? Calculate your transportation savings here.
Are you an employer? Determine your company's annual savings by adding a RideECO program here.
RideECO offers two flexible and convenient program options - RideECO and RideECO Select. Each program can be tailored to fit the needs of your company. The addition of RideECO or RideECO Select to your company's benefits package will help increase mobility in our region, improve air quality, all while saving your company and your employees money.
RideECO: Our traditional program allows for employers to purchase a bulk supply of RideECO vouchers, PATCO FREEDOM card loads, or bicycle vouchers. RideECO vouchers come in variable denominations ($15 - $265) and are valid for 13 months from the date of order. The vouchers are a bearer-document, allowing them to be redeemed by anyone. RideECO administration and distribution is managed by the employer.
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RideECO Select: Our value-added program that allows for easy online program administration and distribution assistance for employers with 20 or more participants.
Participants in RideECO Select can place their own orders for RideECO products—vouchers, PATCO FREEDOM Card loads, SEPTA fare materials (monthly passes and 10-trip tickets), bicycle vouchers, or our RideECO prepaid commuter benefit card. The RideECO card is a personalized debit card that is re-loaded each month and offers balance protection. RideECO Select administration is easy for employers because invoices and payroll files are available online and products are distributed directly to employees’ homes. |
RideECO is a program of the Delaware Valley Regional Planning Commission.
Office of Commuter Services, 190 N. Independence Mall West, 8th Floor, Philadelphia, PA 19106-1520
[email protected] | 215.592.1800 Phone | 215.592.9125 FAX | 800.355.5000 Recorded Information
Office of Commuter Services, 190 N. Independence Mall West, 8th Floor, Philadelphia, PA 19106-1520
[email protected] | 215.592.1800 Phone | 215.592.9125 FAX | 800.355.5000 Recorded Information
Please note, this website and associated documents are not meant to constitute tax or legal advice. Please contact a licensed professional with questions.