Parking and Transit

A qualified parking and/or transit plan allows you to deduct money from your paycheck before taxes to pay for eligible parking/public transit expenses. Unlike other pre-tax accounts, a parking and transit plan allows greater flexibility with enrollment and election changes.


Can I move funds from the parking account to the transit account, or vice versa?

No, parking funds must be allocated to parking only and transit funds to transit only.

Can I enroll in both parking and transit reimbursement accounts?

Yes, you can use one or both of the accounts. The accounts are listed separately but are available on the same election form.

How do I change my monthly election amount?

Please contact your employer to learn when you are eligible to change your monthly parking or transit elections.