Want to convince your employer to offer
Clipper Direct helps companies save, too. Pre-tax dollars contributed to transit benefit accounts are not subject to employer matching FICA and Medicare. Companies can save as much as $13 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.