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Transit benefits set to drop Jan. 1

Nov. 25, 2013 - 06:00AM   |  
By ANDY MEDICI   |   Comments

Thousands of federal employees will see their monthly transit benefits plummet from about $240 to $130, according to a message issued by the Washington Metropolitan Area Transit Authority Nov. 25.

WMATA said in the message the IRS has not approved the current benefit amount of $240 for 2014, so benefits will automatically be lowered to $130 a month on Jan. 1.

Employees receiving less than $130 monthly will see no changes to their benefits, according to WMATA.

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