This new cap is effective January 1, 2019 and results in greater savings for riders and their employers. Payroll deductions in 2018 are capped at $260/month; deductions occurring in 2019 are eligible for the increased cap of $265/month. We will be updating our employer materials to reflect the new monthly cap and will post them to our blog. Should you have any questions, please reach out to us at [email protected].
The IRS released Revenue Procedure 57, which increased the cap on 132(f) transportation fringe benefits from $260/month to $265/month for next year. Please see page 17 of the Revenue Procedure for specific text.
This new cap is effective January 1, 2019 and results in greater savings for riders and their employers. Payroll deductions in 2018 are capped at $260/month; deductions occurring in 2019 are eligible for the increased cap of $265/month. We will be updating our employer materials to reflect the new monthly cap and will post them to our blog. Should you have any questions, please reach out to us at [email protected].
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RideECO submits weekly transfers for PATCO FREEDOM Cards. You will find an updated schedule as to when your order should be received by Edenred and when employees can expect to see funds loaded onto their FREEDOM Cards. The file will continue to be sent to PATCO on Fridays, unless it conflicts with a DVRPC office closure. The dates affected in 2019 are:
In lieu of the dates above, FREEDOM card orders will be submitted to PATCO on the following dates:
Please remember, some federal holidays may impact the load dates. PATCO has three business days to load employees’ FREEDOM Cards. If you want to upload RideECO benefits to FREEDOM Cards, please download the 2019 schedule here. Key Card Pilot Expands to Several Zone 3 Stations SEPTA is continuing to expand the implementation of the SEPTA Key fare system and announced that they are expanding their Regional Rail “Early Adopters” program to include several Zone 3 stations for October passes. Riders who travel from one of the 14 selected Zone 3 stations along the Regional Rail system will be able to assist SEPTA by testing Key Cards during their regular commute. Some stations will have both monthly and weekly passes available in advance of October 1. A complete list of the eligible stations and fares available can be viewed here. Riders who board at one of these 14 pilot stations may purchase their Zone 3 Key Card TrailPass from their local station, one of the five Center City sales outlets, or the SEPTA Key Mobile Fare Kiosk. For more details on SEPTA’s Regional Rail Early Adopters program, please visit SEPTA’s website: http://www.septa.org/key/updates/zone-3-rrd-adopter.html. Upcoming important dates associated with the implementation of SEPTA Key:
As SEPTA moves ahead with Key, RideECO has received regular inquiries from our clients. Riders are seeing more fare readers installed at Regional Rail stations. The Key Card can be used to board all transit (which includes bus, subway, el, trolley, and the Norristown High-Speed Line). Note that if you have staff that uses SEPTA Key Cards, they may redeem RideECO vouchers in person at several more locations than before. A link to the sales locations and operating times is available here. RideECO vouchers can be redeemed for loads to the SEPTA Key Travel Wallet as well as for monthly and weekly TransPasses on the Key Card. The most common question we’ve been receiving is, when will RideECO be able to electronically load Key Cards? RideECO staff has been communicating regularly with SEPTA and they are not yet prepared to test the loading of Key Cards with RideECO benefits. When they are, we expect to mimic the same process that we currently utilize for loading PATCO FREEDOM Cards. Until SEPTA is ready to test this process, please continue to order vouchers for staff. Or, consider changing to RideECO Select for our prepaid commuter benefit card. The RideECO prepaid card offers the greatest flexibility for your employees and can be redeemed at any SEPTA Key kiosk, online at www.SEPTAKey.org, or in person at Key Sales outlets that accept credit cards. Want to learn more about the RideECO prepaid card? Email RideECO here. We will share updates on Key with our clients as they become available. And, don’t worry if you are left with a supply of vouchers once SEPTA Key moves toward 100% implementation – RideECO will accept those unused vouchers back as a face-value credit on your company’s account. Fare Update for Airport Line Commuters - UPDATED with New Date With the introduction of SEPTA Key on Regional Rail, riders who commute to one of the terminals (A-F) at Philadelphia International Airport will need to purchase a different fare, effective December 1. Weekly and Monthly TransPasses will no longer be accepted for non-holiday weekday travel on the Airport Line. Starting in December, Zone 1 Weekly or Monthly TrailPasses will be required to commute between Center City and PHL. The Weekly Zone 1 TrailPass ($ 28.25) will be available for sale starting November 28. The Monthly Zone 1 TrailPass ($ 105.00) will be available for sale starting November 20. This change does not impact riders that commute via the Eastwick station. Please be aware that if riders currently use a Key Card with a TransPass to commute to PHL, they’ll simply change their purchase to a Zone 1 TrailPass. It is important to note that TransPasses will continue to be valid for ANYWHERE travel on Regional Rail during weekends and major holidays. More details on this fare modification in Tariff¬ Number 154, Supplement Number 40. Reminder: RideECO's fulfillment partner, Edenred Commuter Benefit Solutions, has moved!
The RideECO Commuter Benefit program utilizes the services of Edenred Commuter Benefit Solutions for our ordering, printing and fulfillment of RideECO orders. Edenred moved offices effective July 28, 2018. Please update Edenred’s contact information and accounts payable records to reflect the new address: c/o Edenred Commuter Benefit Solutions 265 Winter Street 3rd Floor Waltham, MA 02451 Customer Support: 800-531-2828 Should you have any questions or concerns, please reach out to us. RideECO's fulfillment partner, Edenred Commuter Benefit Solutions, has a NEW ADDRESS! The RideECO Commuter Benefit program utilizes the services of Edenred Commuter Benefit Solutions for our ordering, printing and fulfillment of RideECO orders. Edenred is changing location effective July 28, 2018. This move will allow Edenred to expand services, improve their work environment and continue providing a first-class customer experience for our RideECO clients. There will be no interruption in the service Edenred provides to our RideECO clients. Please update Edenred’s contact information and accounts payable records to reflect their new address: c/o Edenred Commuter Benefit Solutions 265 Winter Street 3rd Floor Waltham, MA 02451 Customer Support: 800-531-2828 Checks continue to be made payable to: Commuter Benefit Program. ACH payments (often faster) will not change. Should you have any questions or concerns, please reach out to us. SEPTA Key Update SEPTA is continuing to expand the implementation of SEPTA Key and announced that they are launching their Regional Rail “Early Adopters” program in August. Riders who travel from one of the 19 selected Zone 4 stations on the Paoli/Thorndale, Lansdale/Doylestown, Trenton and West Trenton lines will be able to assist SEPTA by testing the new fares. A complete list of the eligible stations can be viewed here. Riders may purchase their Zone 4 TrailPass from their local station, one of the five Center City sales outlets or the SEPTA Key Mobile Fare Kiosk. During this testing phase, Zone 4 TrailPasses will not be available at Fare Kiosks. For more details on SEPTA’s Regional Rail Early Adopters program, please visit SEPTA’s website. Upcoming important dates associated with the implementation of SEPTA Key: • July 31st (end of service day): SEPTA will discontinue the sale of paper transfers. Additional information: http://www.septa.org/key/updates/2018-05-paper-transfers.html • August (date TBD): PATCO begins testing of FREEDOM SHARE Card (see article below) • September 1: SEPTA will no longer accept PA-issued Senior Citizen Transit Card. More information: http://www.septa.org/key/updates/2018-05-senior-citizen-id-cards.html • October 1: PA-issued Reduced Transit Fare ID Cards will not be valid for travel. Details here: http://www.septa.org/key/updates/2018-06-reduced-fare-id.html As SEPTA moves ahead with Key, RideECO has received regular inquiries from our clients. Riders are seeing more fare readers installed at Regional Rail stations. The Key Card can be used to board all transit (which includes bus, subway, el, trolley, and the Norristown High-Speed Line). Note that if you have staff that uses SEPTA Key Cards, they may redeem RideECO vouchers in person at several more locations than before. A link to the sales locations and operating times is available here. RideECO vouchers can be redeemed for loads to the SEPTA Key Travel Wallet as well as monthly and weekly TransPasses on the Key Card. The most common question we’ve been receiving is, when will RideECO be able to electronically load Key Cards? RideECO staff has been communicating regularly with SEPTA and they are not yet prepared to test the loading of Key Cards with RideECO benefits. When they are, we expect to mimic the same process that we currently utilize for loading PATCO FREEDOM Cards. Until SEPTA is ready to test this process, please continue to order vouchers for staff. Or, consider changing to RideECO Select for our prepaid commuter benefit card. The RideECO card offers the greatest flexibility for your employees and can be redeemed at any SEPTA Key kiosk, online at www.SEPTAKey.org or in person at Key Sales outlets that accept credit cards. Want to learn more about the RideECO prepaid card? Email RideECO here. We will share updates on Key with our clients as they become available. And, don’t worry if you are left with a supply of vouchers once SEPTA Key moves toward 100% implementation – RideECO will accept those unused vouchers back as a face-value credit on your company’s account. PATCO Offering Enhanced FREEDOM Card for Riders Connecting to SEPTA
PATCO is offering a new product to their riders who regularly connect with SEPTA—the FREEDOM SHARE Card. This new card, coming in August, will replace the need for paper transfers when transferring from PATCO to SEPTA services. The FREEDOM SHARE Card is much like the existing FREEDOM Card and offers the same balance protection and access to the PATCO system. The new SHARE Card will allow for seamless transfers between the two transit agencies. If you have employees who have a FREEDOM Card and connect regularly with SEPTA, they will want to obtain this new FREEDOM SHARE Card. In order for RideECO to load the FREEDOM SHARE Card, employees will need to update administrators with their new card number. RideECO Select participants can update their FREEDOM Card number via their account on www.RideECOSelect.com. For more details about PATCO’s FREEDOM SHARE Card, please visit PATCO’s website. As part of the expansion of SEPTA Key, regional rail customers that use Jefferson Station will see a change in fare collection. Beginning today, customers will need to swipe their TrailPass (new process) or present their tickets (existing process) at all turnstiles to gain access to platform between the hours of 6A - 8P, Monday through Friday.
NOTE: you do NOT need to swipe or have ticket to exit. Complete details are in the image below: |
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