Commuter Benefits (Transit/Parking)

How much can I elect for Commuter Transit/Parking pre-tax benefits?

When enrolling in your Commuter, Parking, or Transit pre-tax benefit, you’ll be able to elect at or below the current limit set by the IRS. These benefit limits are listed as monthly limits, rather than annual. This means, each month you can contribute up to the IRS limit, and that money will stay in your account as long as you remain with your employer. 

Per the maximum contribution limits set for 2022, you may elect up to contribute up to $280 per mont to a Commuter, Transit, or Parking pre-tax benefit.

Note that these are separate benefits, so you may elect up to $280 for public transit and up to $280 for parking.

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