Commuter Benefits Program

Save money on your work-related transportation costs by setting aside pre-tax dollars in our transit and parking spending accounts. You can then use the funds from these accounts to pay for your eligible transportation expenses.

You may choose to set aside the current maximum pre-tax monthly contribution amounts as per the IRS Maximum Contribution Limits table at right.

Contributions will be deducted twice a month and credited to your parking and transit accounts. In months that have three pays; contributions will only be taken from the first two pays.

You may change the amount you are contributing or stop your contributions at any time during the year.

Transit benefits roll over year to year, so there is no need to re-enroll.

Please carefully review your commuting expenses before making an election, and monitor your account during the year to make sure your balance is sufficient.

Eligible Expenses

Parking Expenses – Expenses incurred to park your car at your workplace or at a station to take another mode of transportation to work ( i.e., mass transit facilities, a Commuter Highway Vehicle, or carpool).

Transit Pass Expenses – Expenses incurred for a pass, fare card, voucher, or similar item for transportation on mass transit or business that charges a fee for transporting persons in a vehicle that seats at least 6 commuting adults (i.e., ferry, subway, train, and bus).

Expenses that are not covered include gas, tolls, mileage, parking at your residence, and airport parking.  Parking and Transit balances are not transferable.