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CRA : Commuter Reimbursement Account

CRA

CRA

Benefits

RESOURCES

Help make your employees’ commute worth their while

Your employees likely spend hours of their personal time every month commuting to work. 

Help make their journey more convenient and affordable, and realize major tax savings in the process, by implementing a Commuter Reimbursement Account (CRA) program. 

 

When an employee participates in a CRA, he/she is able to set aside pre-tax dollars to put towards eligible transportation and parking expenses, helping them save up to 30% on everyday commuting expenses. As a result of contributing, the employee’s taxable income decreases and you, as the employer, experience a decrease in taxes paid.

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In some cities, CRAs are government-mandated and you may be required to provide this benefit. 

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