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Pre-Tax Increase for Penn's SEPTA Commuter Choice Program/COMPASS |
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January 29, 2013,
Volume 59, No. 19 |
The recent American Taxpayer Relief Act of 2012 included an increase in the pre-tax commuter limit from $125 to $245. This change is effective beginning with your March 2013 commute month/February payroll month. This increase affects weekly or monthly payroll deductions and reflects the maximum allowed pre-tax amount per calendar month for 2013. If you already participate in Penn’s Commuter Program through ADP you do not have to make any changes. All deductions will be automatically calculated for the February pay statement. The increase also applies to those who use the Commuter Check Card Prepaid MasterCard®, TransitChek®, PATCO, DART and NJ Transit.
If you have questions or would like further explanation please contact the Parking Office at parking@exchange.upenn.edu
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Almanac -
January 29, 2013, Volume 59, No. 19
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