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. The maximum amounts of money you can set aside are:
- Parking: Up to $325 per month*
- Transportation: Up to $325 per month*
*These amounts are evaluated annually by the IRS and are subject to change. All elections will be made through healthequity.com.