Transit Benefit Increased to $315.00 Per Month for 2024

The tax-free limits for transportation benefits for the calendar year beginning January 1, 2024 will increase to $315.00 per month for transit and $315.00 per month for parking. Please see IRS Revenue Procedure 2023-34 page 13 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.