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The Metropolitan Transportation Authority (MTA) is a public benefit corporation responsible for public transportation in the New York City metropolitan area of the U.S. state of New York.
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An employee financed commuter benefit in which an employee designates a portion of salary before taxes (pretax income) to pay for qualified transit, vanpooling, or parking expenses (up to the IRS allowable monthly maximum).
The Employee Benefits Security Administration (EBSA) is an agency of the United States Department of Labor responsible for administering, regulating and enforcing the provisions of Title I of the Employee Retirement Income Security Act of 1974 (ERISA).
By adopting a consumerist method to employee benefits, organizations are able to provide an array of options that meet the needs of today’s workforce, which is far more diverse and far less ...
As employers scramble to meet demands for new worker benefits amid rising costs, it can be hard to gauge whether investing in these offerings leads to improved business performance. Objectively...
Companies have started trimming back on employee benefits over the past few years as a first-line cost-cutting measure.
Normally, employer-provided benefits are tax-deductible to the employer and non-taxable to the employee. The exception to the general rule includes certain executive benefits (e.g. golden handshake and golden parachute plans) or those that exceed federal or state tax-exemption standards.
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