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Commuters’ wallets get double hit

City commuters will take another hit to their wallets on Jan. 1, 2011.

City commuters will take another hit to their wallets on Jan. 1, 2011. Starting next year, those who take advantage of pre-tax commuter benefits will only be able to take out $120 in pre-tax dollars each month. Currently, they can take out $230 each month in pre-tax money.

The $230 cap’s expiration comes when LIRR and MTA commuters will be hit with a fare hike that will raise monthly MetroCards to $104. Regular LIRR riders will be hit especially hard, as monthly passes already cost well over $120.

“Commuters are essentially hit with another fare increase to the cost of their commute,” said Dan Neuburger, CEO of TransitCenter, a New York company that provides the pre-tax commuter benefit service.

 
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