The Flores Commuter Benefit Account allows you to set aside pre-tax dollars for public transit–including train, subway, bus, ferry and eligible vanpool–and parking as part of your daily commute to work.
How it Works
Order what you need for your monthly commute. Up to a maximum of $315 per month for transit and $315 per month for parking can be deducted from your paycheck on a pre-tax basis to be used towards your order for qualified expenses in 2024. In 2025 the maximums that can be deducted from your paycheck on a pre-tax basis will be $325 per month for transit and $325 per month for parking.
You will receive a debt card in the mail, which you may use on a maximum of $315 of eligible commuter expenses each month in 2024, and $325 of eligible commuter expenses in 2025. You must have the money in your Commuter spending account before you can use it.
Benefit | Defined As | Contribution Limits |
---|---|---|
Transit | Mass Transit is defined by the IRS as:
| $315/month in 2024 $325/month in 2025 |
Parking | Qualified Parking is defined by the IRS as:
| $315/month in 2024 $325/month in 2025 |