Questions & Answers: About METRO

It's when you offer employees the option to “cash out” of their existing parking space. In other words, you can offer your employees their parking space cost in the form of taxable salary or tax-free transportation benefits.

No. When employees exchange taxable salary for a tax-free bus or vanpool benefit, the amount exchanged isn't subject to payroll taxes. Employees save money because this reduces their amount of taxable income.