TSS - Parking and Payroll Deductions/Parking and EBPA

Parking and Payroll Deductions/Parking and EBPA

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First Published  :Tue Aug 22 13:24:43 GMT 2017
Last Modified  :Tue Aug 22 13:24:43 GMT 2017
Last Published  :Tue Aug 22 13:24:43 GMT 2017
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    Click here for more information on EBPA: Commuter Benefits

    Parking on the Medford, SMFA and Grafton Campuses is handled through Pre-Tax Payroll Deductions only. If you are parking on the Medford, SMFA or Grafton campus only, and do not have any transit cost , there is no need to enroll in EBPA because you are already receiving a Pre-Tax benefit through your Payroll Deduction.
     If you are taking public transportation to the Medford, SMFA or Grafton campus and park your car at a Commuter Lot near your T station or Commuter Rail, you may want to enroll in EBPA in order to get a card loaded with Pre-Tax funds so that you can pay for both your transit cost and your parking at an off campus commuter lots.
    Parking on the Boston Campus can be handled through either Pre-Tax Payroll Deductions if you purchase a monthly pass from one of the local affiliated garages or you can pay out of pocket for daily parking at one of the affiliated garages or a garage of your choosing in the area. If you are paying out of pocket, rather than through monthly Payroll deductions, and/or if you have transit costs, you may want to enroll in EBPA in order to get a card loaded with Pre-Tax funds so that you can pay for your parking and/or transit.
    Pre-Tax Payroll Deduction Parking in Boston
    • If you choose to purchase the monthly pass from an affiliated garage, you are getting a Pre-Tax payroll deduction, so there is no need to enroll in EBPA.Out of Pocket Parking in Boston
    • If you are taking public transportation to the Boston campus and are parking your car at a Commuter Lot near your T Station or Commuter rail you may want to enroll in EBPA in order to get a card loaded with Pre-Tax funds so that you can pay for your parking and/or transit. 
    • If you are purchasing daily parking from an affiliated garage you may want to enroll in EBPA in order to get a card loaded with Pre-Tax funds so that you can pay for your parking
    • If you are paying for monthly or daily parking at a non-affiliated garage, you may want to enroll in EBPA in order to get a card loaded with Pre-Tax funds so that you can pay for your parking.   
      Boston Monthly parking affiliated facilities include: the Motor Mart Garage, the Hudson Street Lot and the Tremont Street Garage. The Tremont Street Garage currently has a waitlist.
       
      Boston Daily parking affiliated facilities include: the Herald Street Garage, the Traveler Street Lot and the Tremont Street Garage. The Tremont Street Garage currently has a waitlist
       
      Key to General Deductions on your Paycheck:
      Before tax deductions are limited to a total of $255 per month for Parking. 
      Before tax deductions are limited to a total of $255 per month for Transportation/Transit. 
      Each category has a separate limit and is subject to change. Above amounts are for 2017. Click here for more information on EBPA and the Commuter Benefit.
       
      Payroll Deduction Codes for Parking are listed below:
    Deduction CodeDescriptionSourceCommuter Category
    COMM$ACommuter dollars - after taxEBPATransportation (Transit)
    COMM$BCommuter dollars - before taxEBPATransportation (Transit)
    GPARKGrafton Parking – before taxPublic SafetyParking
    LOT1Tremont St Garage – before taxAffiliateParking
    LOT1ATremont St – after taxAffiliateParking
    LOT2Tremont St Garage Restricted – before taxAffiliateParking
    LOT2ATremont St Restricted – after taxAffiliateParking
    LOT4Hudson Street Lot – before taxAffiliateParking
    LOT4AHudson ST – after taxAffiliateParking
    LOT6Motor Mart Garage – before taxAffiliateParking
    MPARKMedford Parking – before taxPublic SafetyParking
    PARK$ACommuter parking - after taxEBPAParking
    PARK$BCommuter Parking - before taxEBPAParking
    SMFABSMFA – before taxPublic SafetyParking
    FINESFines - after taxPublic SafetyN/A
     
     
     
     

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Keywords

    parking, payroll deduction, parking lot, Motor Mart Garage, Hudson Street Lot, Tremont Street Garage, Herald Street Garage, Traveler Street Lot, GPARK, LOT1, LOT2, MPARK, PARK$A, PARK$B, SMFAB, FINES