Use pretax dollars to pay for your parking or public transportation expenses while commuting to work. This program is voluntary and you may participate on a month-to-month basis.
Commuter Benefits Overview
Both payroll contributions and reimbursements cannot exceed the monthly statutory limits. Any unused funds in any month are rolled over to the next month’s contribution. The contribution amounts are current at the time of publication but are subject to change by the IRS.
|Transportation or Public Transit||Monthly passes, tokens, fare cards/vouchers (transit and vanpool expenses) for you||$265 monthly maximum|
|Parking||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)||$265 monthly maximum|