Transportation Fringe Benefit Plans

Discovery Benefits provides simplified administration for transportation fringe benefit plans. Your clients will love it, because we make it so easy.

Discovery’s platform allows an employer to offer Transportation Benefit Plans along with its FSA, HRA and HSA using one integrated source. Employees call one customer service number and login into one site for their transportation and other reimbursement account information. A single debit card is available for use with multiple plans, including the payment of parking expenses through a transportation benefits plan.

Discovery offers WiredCommute access to ensure compliance with IRS Readily Available Rule requirements. WiredCommute is a compliant, cutting-edge, comprehensive program for Section 132(f) transportation benefits. A single sign-on via Discovery’s login provides participants access to WiredCommute’s national network that includes more than 500 transit authorities and more than 9,000 parking locations.

Here’s how it works: Eligible employees enroll in the transit and/or parking accounts (employees are eligible to enroll in the transit and/or parking accounts or change their election on a monthly basis). Once their transit and/or parking accounts are set up and initialized, eligible employees may place their orders on WiredCommute by the 10th of each month. Orders are electronically transmitted to Discovery. Once received, funds are withdrawn from the employer’s account and credited to employees’ transit and/or parking accounts. Payments are deducted directly from the participant’s transit and/or parking account and sent to WiredCommute. All transit and/or parking pass orders are sent by first class mail directly to employees’ homes prior to the first day of each month.