Commuter Benefits
Do you have out-of-pocket commuting expenses for public transportation, van pooling, or for worksite parking? If so, you can save on taxes by enrolling in our transportation savings account. A transportation savings account lets you set aside money, pre-taxed, through payroll deduction. You may enroll in or stop this program at any time. Money in the account can be used in future months or plan years.
*These amounts are evaluated annually by the IRS and are subject to change. All elections will be made through healthequity.com.
Parking
$340 Monthly Maximum*
Fees associated with parking at or near your place of employment, or parking at or near public transportation to get to work (e.g., parking at a bus or subway station).
Transportation or Public Transit
$340 Monthly Maximum*
Monthly passes, tokens, fare cards/vouchers (transit and vanpool expenses) for you.