Health & Welfare
About this plan
Parking and Transit Plans let employees set aside pre-tax dollars for qualified commuting expenses — whether they drive, take the bus, or ride the train. It's a simple benefit that adds real money back into employees' pockets every month.
What's Included
Pre-tax savings on parking and public transit costs
IRS contribution limits adjusted annually
Easy enrollment and automatic payroll deduction
NBS Debit Card for on-the-go spending
Online account management and real-time balance tracking
Reduces taxable income for employees automatically
For Employers
Offer a benefit that costs you little but means a lot to commuters on your team. Less taxable payroll for you, more take-home pay for them.
For Participants
Whether you park in a garage or tap a transit card, pay for it with pre-tax dollars and keep more of what you earn every month.
NBS administers more than Parking and Transit Plans (Commuter Plan)
Many employers use NBS across multiple benefit types — consolidating administration simplifies vendor management and gives your employees a consistent experience. You may also be interested in these related plans.