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Commuter Benefit Solutions Difference

Exploring HSA, FSA, LSA: 7 Things You Need to Know

You’re likely familiar with Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs), but have you heard of Lifestyle Spending Accounts (LSAs)? More importantly, do you understand the seven crucial differences among them? In this article, we’ll dissect these benefits, highlighting their unique features and the 7 differences between HSA, FSA, and LSA.

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What are commuter benefits and how to use them in your ESG strategy?

As a company, employee benefits play a significant role in attracting and retaining top talent, and commuter benefits are no exception.

Commuter benefits help employees save money on their daily commute to work, which can range from public transportation subsidies to carpooling incentives, or bike-sharing programs.

Not only do these benefits help employees save money, but they can also contribute to a company’s ESG (environmental, social and governance) goals, which promote sustainability and social responsibility.

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Does Uber Qualify For Commuter Benefits?

Update May 26, 2023:
We would like to inform you of a recent decision made by Lyft and Uber, which is beyond our control. In April 2023, Lyft announced the discontinuation of their shared rides program called Lyft Shared. Additionally, Uber’s shared rides program, UberX Shared, currently does not support tax-free commuter benefits.

It’s no secret ride-hailing is popular to get around now. More than a third of Americans have used ride-hailing services like Uber. And more than 20 percent say they use a ridesharing  service every month. Since it’s growing at a fast rate, people often ask,  “Does Uber qualify for commuter benefits?

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Edenred NYC partnership announcement

NYC FISA-OPA partners with Edenred Commuter Benefit Solutions

Edenred Commuter Benefits, a leading provider of pre-tax commuter benefits, announced today that it has been selected by the The City of New York’s Financial Information Services Agency and Office of Payroll Administration (FISA-OPA) to administer and manage the City’s employee commuter benefits program.

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How to Use Pre-Tax Commuter Benefits for Lyft Shared?

Update May 26, 2023:
We would like to inform you of a recent decision made by Lyft and Uber, which is beyond our control. In April 2023, Lyft announced the discontinuation of their shared rides program called Lyft Shared. Additionally, Uber’s shared rides program, UberX Shared, currently does not support tax-free commuter benefits.
Do you use your pre-tax commuter benefits to get to work and back? If you do, we are sure you would be happy to know that you can use your pre-tax benefits for Lyft Shared rides. Lyft Shared makes it easy to share a ride with your coworkers or with other commuters headed your way. Read below to learn how to start ridesharing and save time and money!
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