commuter account is an employer-sponsored benefit program that allows your employees to set aside pre-tax funds in separate accounts to pay for qualified mass transit and parking expenses associated with their commute to work.
What is a qualified Mass Transit expense? Qualified expenses include transit passes, tokens,fare cards, vouchers, or similar items entitling you to ride a mass transit vehicle to or from work. The mass transit vehicle may be publicly or privately operated and includes bus, rail, or ferry.
What is a qualified parking expense? Get reimbursed for parking expenses incurred at or near your work location or a location from which you continue your commute to work by car pool, vanpool or mass transit. Out-of-pocket parking fees for parking meters, garages and lots qualify. Parking at or near your home is not an eligible expense.
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