A CBP allows an employee to set aside payroll deductions taken on a tax-free basis in separate CBP Accounts to pay for qualified workplace mass transit and parking expenses. Participants will save on federal taxes, state taxes (in most states) and FICA.
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Benefit Resource and BRI are tradenames of Benefit Resource, LLC. Benefit Resource, LLC is an affiliate of Inspira Financial Health, Inc. and Inspira Financial Trust, LLC. Benefit Resource, LLC does not provide legal, tax or financial advice. Please contact a professional for advice on eligibility, tax treatment and other restrictions. Inspira and Inspira Financial are trademarks of Inspira Financial Trust, LLC.
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HSA Custodial Services are provided by a separate financial institution. See your HSA Account Agreement for specific account terms.
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