Commuter Spending Account overview
A Commuter Spending Account allows you to save on commuting costs using pre-tax dollars for eligible transit and parking expenses, reducing your taxable income. Commuter Spending Accounts usually include separate funds for transit and parking, accessible via a benefits card for convenient purchases.
Coverage
Transit funds covers daily commute expenses such as:
- Bus, train, and subway fares
- Vanpool and ferry services
Parking funds covers parking costs near your work location or transit stations:
- Parking lots and garages
- Park-and-ride facilities
Non-eligible expenses include:
- Tolls
- Rideshare
- Parking that isn’t related to work
Contributions
Monthly pre-tax contribution and spending limits for 2025:
- Transit: Up to $325
- Parking: Up to $325
If your monthly commuting costs are more than these limits, the remaining balance will be deducted from post-tax payroll. Check the IRS limits yearly for updates.
Eligibility
Your eligibility is based on employment status and must be elected. Check the Level app or contact HR for details.
Making a purchase
Use your Level Card for transit and parking. If your card isn’t accepted for parking, submit a claim later.
Rollover
Unused funds usually roll over monthly but check with your employer for details.
Termination
If you leave the company, remaining funds are managed according to your employer’s policies, so check with HR for specifics.
For more details, check your Level App.