Maryland Transit Administration in partnership with University of Baltimore is excited to offer a pre-tax transit discount program to regular faculty and staff. Through this program employees pay for MTA passes and MARC vouchers via monthly pre-tax salary deductions.
Enrollment in the program is open until March of the program year. Below is an example of the the cost and savings:
|Monthly Transit Pass Cost||Income Tax Bracket*||Monthly Savings Estimate||Annual Savings Estimate**|
*Calculate your tax rate using your pay stub. Add your state and federal income taxes only and divide that number by your total income. The answer is your tax rate.
**Calculated based on a 10 month program.