Your commuter benefit from WageWorks will be billed on the first pay-cycle of the month. The total amount is deducted based on the plan for which you enroll. For pre-tax, your gross pay is deducted the amount of the plan and then taxes are applied to the remaining gross amount.
The cost of WageWorks is $5.00 per employee per month and the company is billed on the second payroll of the month.
This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, legal or tax advice. If you have any legal or tax questions regarding this content or related issues, then you should consult with your professional legal or tax advisor.