Save on the journey to work
Commuter Accounts
An employer-sponsored commuter account lets employees set aside pre-tax funds for qualified mass-transit, van-pooling and parking expenses associated with commuting to work.
What Expenses Are Eligible?
Commuter benefits can help employees pay eligible transportation expenses with convenient payroll deductions.
Mass Transit
Eligible expenses may include transit passes, tokens, fare cards, vouchers or similar items for public or privately operated bus, rail and ferry transportation.
Van-Pooling
A qualifying commuter highway vehicle generally seats at least seven adults, including the driver, and must satisfy applicable mileage and occupancy requirements.
Parking
Eligible parking may be located at or near the workplace or a location used to continue the commute by carpool, van-pool or mass transit. Parking at or near the employee’s home does not qualify.
Why Enroll?
Using pre-tax payroll deductions for eligible transit and parking expenses can reduce taxable wages and put money back in an employee’s budget. Federal income and payroll tax treatment generally provides the savings; state tax treatment can vary.
Balances may carry forward, and participants can generally adjust, begin or end their contribution elections according to the employer’s plan procedures.
*Chart is for illustration only and uses the assumptions shown in the image. Actual savings depend on individual tax circumstances. Consult a tax advisor.
How Does It Work?
Commuter accounts make it straightforward to set aside and use funds for qualified transportation expenses.
Choose an Amount
Authorize your employer to deduct a pre-tax amount from each paycheck, up to the applicable monthly IRS limit.
Pay for Your Commute
Use the benefit debit card for eligible transit or parking expenses when the merchant and transaction qualify.
Request Reimbursement
When permitted by the plan, pay an eligible expense out of pocket and submit a claim for reimbursement.
Questions About Getting Started?
Discover how commuter benefits can help save time and money on the journey to work.
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