| Super Fare Share - PROGRAM SUSPENDED |
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| Effective immediately, the Super Fare Share program is suspended. Please e-mail Commuter Services for more information. |
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As a Bethesda-based company, you could be eligible to receive up to $270,000 in transit benefits during the next nine years! The Super Fare Share program makes participation easy and economical for you, while it encourages your employees to take transit to work. You'll get rewarded with improved recruiting and retention for your business, while helping to manage traffic congestion and reduce pollution. In addition, you may be eligible to receive a federal tax credit and/or a 50% tax credit under the Maryland Commuter Tax Credit for your participation!
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ELIGIBILITY
Super Fare Share is open to any private or public employer of any size located within the boundaries of Montgomery County's Transportation Management Districts (TMDs): Bethesda, North Bethesda, Friendship Heights and Silver Spring.
HOW IT WORKS
YEAR 1: Super Fare Share will subsidize up to $109 of an employee's monthly commute costs. The employer contribution is only $1 per employee per month, providing a tax-free maximum benefit of $110 per month. The employer distributes up to $110.00 in SmartBenefits and/or Ride On passes "for free" to its transit-using employees.
YEARS 2-5: Super Fare Share will match an employer's contribution toward an employee's commute costs, up to $57.50, for a maximum tax-free employee benefit of $110 per month. You will then distribute up to $110 in SmartBenefits and/or Ride On passes to each transit-using employee.
YEARS 6-9: The County will match the employer contribution on a sliding scale basis. By year nine, the employer picks up 90% of the costs, while the County is responsible for 10%; while still providing a tax-free maximum benefit of $110 per month.
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Program Year |
Employer Share |
County Share |
Remarks |
1 |
$1 |
$109.00 |
County provides up to $109.00/month/employee |
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2-5 |
50% |
50% |
County provides up to $55.00/month/employee |
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6 |
60% |
40% |
County provides up to $44.00/month/employee |
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7 |
70% |
30% |
County provides up to $33.00/month/employee |
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8 |
80% |
20% |
County provides up to $22.00/month/employee |
9 |
90% |
10% |
County provides up to $11.00/month/employee |
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| RENEWALS |
| There is no renewal policy at this time for Super Fare Share beyond the first nine years. |
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| HOW TO ENROLL |
Contact Anne Kaiser at AKaiser@bethesda.org or 301-656-0868 x 29. You can set up a meeting in person or over the phone.
Don't wait another minute to Get On Board Montgomery County's Super Fare Share program! |
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| How much could your company save? |
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| Cost based on 20 parking spaces/employees |
Current |
Super Fare
Share |
SAVINGS per month |
SAVINGS per year |
| Number of parking spaces your company leases each month |
20 |
0 |
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| Cost per parking space |
$95 |
$0 |
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| Total monthly cost to lease parking spaces |
$1900 |
$0 |
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Super Fare Share Contribution
(Year 1) ($1/employee/month for 20 employees) |
0 |
240 |
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| Total Cost per month |
$2200 |
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NONE |
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| SFS Year 1 |
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$20 |
$2180 |
$26160 |
| SFS Years 2-5 |
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$1100 |
$1100 |
$13200 |
| SFS Year 6 |
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$1320 |
$880 |
$10560 |
| SFS Year 7 |
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$1540 |
$660 |
$ 7920 |
| SFS Year 8 |
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$1760 |
$440 |
$ 5280 |
| SFS Year 9 |
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$1980 |
($-80) – but by now you'll likely be paying well over $95 per month per parking space |
$ 2640 |
| TOTAL SAVINGS |
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$65760 |
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| Smart Benefits Program |
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| Get Smart with SmartBenefits! |
| SmartBenefits is a web-based program that lets employers load the dollar value of an employee's Metrochek commuter benefit directly on his or her SmarTrip card for use on Metrorail. Employees take their permanent, plastic, electronic SmarTrip card to any Metro station's Passes/Farecards machine between the first and last day of the benefit month and claim their benefit. The SmarTrip card costs $5 and can be registered with a unique serial number at the time of purchase to protect against loss. |
