The daily commute has gotten quite the face-lift in 2020. At the peak of COVID-19 stay-at-home orders, the MTA Subway in New York reported ridership levels were down 93% compared to the same period in 2019. As of August 31, 2020, ridership for the subway remains down 68-75% and buses are down 19-41%. Meanwhile, the… Read More
Transit Benefit Guidance in Uncertain Times
While the last several months were fraught with uncertainty and changes, we also saw several clarifications for pre-tax benefits, including Qualified Transportation Fringe Benefits. What modified transit benefit guidance was released? The IRS released potential changes to a provision within the Tax Cuts and Jobs Act (TCJA). The provision under review is the piece of… Read More
Your 4-step back to work guide for commuting
People going back to work after COVID-19 are facing new challenges, including how to maintain social distancing protocols during notoriously busy commutes. Here are four ways employers can help create a safer commute that balances flexibility with safety. Help participants transfer from mass transit to parking benefits As employees begin to come back to work,… Read More
What will commuting after COVID-19 look like?
Many have started the process of commuting after COVID-19, leaving employees and employers alike wondering how the transition will unfold. During the change, certain trends have emerged including a focus on reducing contact with shared items. Minimize contact with shared public surfaces While the CDC has identified that surfaces pose less of a threat in… Read More
Your BRI notifications cheat sheet
It’s important to keep track of what’s happening with your accounts– that’s why we created BRI notifications. You Pick and Choose We’ve been perfecting our notification system since 2013, so you can trust its reliability. It even made it onto our list of the Top 25 Ways to Save with Pre-tax Benefits. How it works:… Read More
Do you need to make benefit changes because of COVID-19?
COVID-19 has caused upheaval in many ways. This includes employees’ work benefits, particularly pre-tax accounts. For employees with an HSA, Dependent Care FSA, and/or commuter plan, there may be the opportunity to make changes to their accounts. (Changes to Medical FSAs are currently not permitted). Here are the main updates employees should know about. HSAs… Read More
Commuter FAQs for those new to the workforce
It’s an exciting time in your life! You just graduated college and managed to land a job right in the heart of Boston, Massachusetts at what you consider your ‘dream’ company. On the first day of your new job, you meet with members of the HR team who begin to walk you though the benefits… Read More
Skip the wait– use your BRI account online
Your BRI online account can be used for more than checking your balance. (Although it’s great for that, too). You can also sign up for ways to get your reimbursements faster, skip calling in about your card, and get answers to FAQs. That’s just the tip of the iceberg. Here are the top five ways… Read More
5 reasons you should follow BRI on LinkedIn
We know you work hard every day to bring the best benefits to your employees. Here are five things that can help you do that and more when you follow BRI on LinkedIn. 1. Learn about new tools for your employees Lack of employee understanding is one of the greatest barriers to increasing adoption. When… Read More
5 benefits trends to watch in 2020
There are many benefits trends that we expect to take hold in 2020. Review what they are to ensure that your company is ready for 2020 and beyond. Increased use of AI while keeping the “human” in Human Resources. This goes beyond improving agility and responsiveness on websites. That’s so last decade. This is about… Read More
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