COMMUTER BENEFITS WHY SHOULD I CHOOSE COMMUTER BENEFITS? Commuter benefits allow you to put money from your paycheck aside each month, before taxes are taken out, for qualified mass transit and parking expenses. Commuter funds can be used for a variety of transportation and parking expenses that allow you to travel to and from work. Eligible modes of transportation include but are not limited to: Train Bus Subway TRANSIT & PARKING BENEFITS Ferry Vanpool (must seat at least 6 adults) Parking or parking meter near VPP Fast savings: You can save up to 30% (based on a 30% tax bracket) or more on your costs commuting to and from work. Get hours back in your day: The average one-way commute to work is nearly 30 minutes! By using public transit, you can use that time to read news, text friends or get a start on your day. Improve your health: Studies have shown that people who commute to and from work in a method other than a private vehicle are less stressed.
Environmental impact: Do your part to reduce traffic congestion and reduce air pollution.
2026 IRS Contribution Limits: Transit : Up to $340/month Parking : Up to $340/month
IRS REGULATIONS Availability of funds: Your funds become available as you contribute to the plan, generally within 2-3 days after your payroll contribution. Contribution changes: You can adjust the amount you contribute to the plan each month at any time. No qualifying event is needed. Rollovers and use-or-lose: The commuter plan is flexible and your funds will continue to roll over month to month until the funds are used. However, your funds will no longer be available if you terminate employment.
View the interactive eligible expense list at www.wexinc.com/resources/benefits-toolkit/eligible-expenses/
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