What happens to CBP funds at the end of the year?
Commuter Benefit Plans are a monthly benefit and unused balances will automatically roll from month to month. There is no “use-it-or-lose-it” with a CBP at
We would love to chat with you about your current benefits offerings and best practices that may save you and your employees even more.
Submit Your RFP NowSearch through our interactive database of videos, flyers, tutorials, and other tools to help maximize your BRI experience.
View All ResourcesBRI combines expertise and excellence to provide premier ongoing support to employers and participants, backed by experts and technology you can trust.
BRI is consistently listed in the Rochester Top 100 Companies! We offer growth opportunities and competitive benefits. Join a great place to work!
Commuter Benefit Plans are a monthly benefit and unused balances will automatically roll from month to month. There is no “use-it-or-lose-it” with a CBP at
Commuter Benefit Plans are a monthly benefit. You can make separate mass transit and parking elections (if permitted by your employer). CBP election changes can
Information about a CBP Account does not need to be reported for income tax purposes. The total earnings reported on your W-2 form will exclude
If you contribute over a long period of time, your contributions to a CBP Account will reduce your Social Security benefit by a minimal amount.
Once an account is closed, it can no longer be used. Details regarding any remaining funds are outlined in your Plan Specifications.
You can elect to stop contributing to your CBP Account (that is, to make a $0 election). If you are still eligible to participate, your
Eligibility of expenses is dictated by the IRS and those guidelines are used by Benefit Resource. The services of an attorney are utilized if an
Excess balances at the end of a plan month will be carried over to the subsequent plan month as long as you continue to be
No. Only qualified expenses for workplace mass transit and parking are eligible.
No. Only qualified workplace mass transit and parking expenses are eligible. Costs to maintain or use your personal vehicle are not included. In order to
Certain situations can arise which allow you to change an election. These situations include: Change in residence or worksite Change in work schedule Change in
No. Money directed to one type of account can be used only for expenses relating to that account. This is true even if all the
Simplifying the complexity of benefits for maximum savings and peace of mind.
245 Kenneth Drive
Rochester NY 14623-4277
EMPLOYEES: (800) 473-9595
EMPLOYERS: (866) 996-5200
The Beniversal and eTRAC Prepaid Mastercards are issued by The Bancorp Bank, N.A., Member FDIC, pursuant to a license by Mastercard International Incorporated and may be used everywhere Mastercard is accepted. Mastercard is a registered trademark, and the circle’s design is a trademark of Mastercard International Incorporated.
HSA Custodial Services are provided by a separate financial institution. See your HSA Account Agreement for specific account terms.
©2022 BRI | Benefit Resource All Rights Reserved.
Privacy Policy|Terms of Use|Accessibility|Website developed by Mason Digital