Clipper Direct helps employers save, too. The pre-tax dollars employees contribute to their
transit benefit account are not subject to employer matching FICA and Medicare, which means employers can reduce their payroll taxes
by as much as $18 per month for each employee.
* The percentage of tax savings varies based on employee's actual tax rate. A total savings of 40% is based on a 28%
federal income tax rate, 5% state income tax rate and 7.65% FICA and Medicare tax rate.