Bus fare, subway tokens, parking permits — a Commuter Benefits Account reduces the cost of getting to and from work by letting you pay for some of those expenses with pre-tax dollars.
A commuter account gives you the flexibility to use pre-tax funds in a smart way. You can decide how much money to contribute for the year when you enroll. This money is deducted evenly from pre-tax payroll deductions and placed into your account. The IRS does set a maximum contribution, however.
Pay for transit passes, tokens, fair cards, and other ways to use mass transit.
Pay for your work-related parking expenses, including meters, garages and lots.
If a vehicle meets certain criteria, then your account may cover some of these expenses.
Year |
Amount Per Month |
|---|---|
|
2023 Maximum Commuter Benefits Contribution |
$300 per month |
|
2022 Maximum Commuter Benefits Contribution |
$280 per month |
No matter how you get to and from work, a commuter benefits account is a simple, smart way to budget and manage your travel expenses. It gives you the flexibility to reduce your out-of-pocket costs on the train, bus, van-pooling, and even parking.
ESPAÑOL 中文 TIẾNG VIỆT РУССКИЙ PENNSILFAANISCH DEITSCH 한국어 ITALIANO العربية FRANÇAIS DEUTSCH ગુજરાતી POLSZCZYZNA CREOLE FRANÇAIS ខ្មែរ PORTUGUÊS ADDITIONAL LANGUAGES NON-DISCRIMINATION POLICY
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