Transit Benefit Increased to $300.00 Per Month for 2023

The tax-free limits for transportation benefits for the calendar year beginning January 1, 2023 will increase to $300.00 per month for transit and $300.00 per month for parking. Please see IRS Revenue Procedure 2022-38, page 14 for complete information.

If you have any questions or would like any assistance with your transit benefit program, please call us at 877-587-6236 or email us at jeremyb@tranben.com.