You then use your FLEXEXPRESS card to purchase a mass transit pass that best suits your needs. How it works: Your monthly elected amount is deducted from your paycheck each pay period - prior to Federal, State and FICA taxes being calculated - so you pay less in taxes. A transit pass is a pass, token, fare card or voucher used for mass transit transportation. The Commuter Choice Mass Transit Account enables employees (not their dependents) to use pre-tax dollars, up to a monthly maxium ($260/month for transit and $260 for parking for unrepresented employees $230 total for MCGEO employees, for eligible mass transit pass expenses. Also, in order to participate in these accounts, you must enroll each year. You must enroll separately in each account and you may not transfer contributions between accounts. Leftover money cannot be returned to you, nor can it be used the following year. The health care and dependent care flexible spending accounts are separate.
If you do not have expenses or request reimbursement by the deadline dates, you will forfeit any money remaining in your account. You have until April 30th of the following year to submit claims for expenses incurred during each calendar year and until the March 15th following the end of the calendar year to incur expenses applicable to the prior year’s election. After you incur eligible expenses, you submit a claim with supporting evidence, such as bills or receipts, to the County’s third party administrator for reimbursement. With each account, you set aside a certain amount of your money from each paycheck before taxes are calculated. Overseas visitation remained stalled in September-down 34% from pre-pandemic levels, and just slightly improved on a YOY basis from July and August.Both the health care and dependent care flexible spending accounts allow you to use before-tax dollars to pay for certain eligible health and dependent care expenses.DMO/CVB group room nights contracted in September exceeded 2019 levels for the first time since April.Now, 32% of American travelers indicate leisure travel will be a high budget priority in the next three months-down from 34% in July.Travel spending improved considerably in September and is now at its highest mark since the pandemic started at 6% above 2019 levels.
travel industry, tracking industry performance, travel volumes and predictive indicators of recovery including air and lodging forecasts, DMO website traffic, convention and group trends, travel spending and losses, traveler sentiment, among others to measure the health of the industry. The dashboard is the most comprehensive and centralized source for high-frequency intelligence on the U.S. The Recovery and Growth Insights Dashboard developed in collaboration with Tourism Economics, is supported by more than a 20 data sources. Analysis of the broader economy and its impact on travel will provide unique insights to help travel businesses make informed and timely decisions.
This monthly member-only communication features the Recovery and Growth Insights Dashboard as well as the latest data and trends affecting travel’s recovery. Forward looking monthly summary of the latest economic, consumer and travel indicators, trends and analysis.
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