- How much can I save with Commuter Benefits?
Everyone’s specific situation and savings vary, so it’s recommended that you consult a tax advisor for amounts specific to your situation. But here’s an example based on current parking and transit benefit limits and certain income assumptions: If you spend $2,760 in commuter expenses annually, and you have a combined state and federal tax rate of 30%, you could save more than $800 a year.
- How do Commuter Benefits work?
You put pre-tax money from your paychecks into your Commuter Benefits account and then use that money to:- Purchase transit and/or parking passes directly.
- Reimburse yourself for eligible parking expenses.
- Pay for eligible transit and parking expenses using a Commuter Check Card that works like a credit card:
- Eligible transit expenses include products like transit passes, tickets, fare cards and vanpool passes.
- For eligible parking expenses, the Commuter Check Card can be used at any parking facility that accepts MasterCard for payment.
There are monthly pre-tax limits for transit and parking expenses. You can find the limit amounts when you sign up for Commuter Benefits.
- What are eligible expenses for Commuter Benefits?
You can use your Commuter Benefits if you incur expenses using any of the following to commute to or from work:- Train
- Light rail
- Commuter rail
- Parking
- Shuttle bus
- Vanpool
- Biking
- Bus
- Ferry and boat
Mileage, tolls, fuel, carpooling and business travel are not eligible for Commuter Benefits.
- When can I sign up and make changes?
You can sign up and make changes to your Commuter Benefits election at any time throughout the year to meet your changing commuting needs. The order deadline is the 10th of the prior month (e.g., January 10 is the deadline for February). If your commuting needs don’t vary much all year, you can set up a recurring order.
- How do I sign up, make changes and manage my Commuter Benefits account?
You can log in to your personalized benefits account at myAECOMbenefits.com to:- Change your Commuter Benefits election at any time.
- Order a transit and/or parking pass mailed directly to your home.
- Renew a transit and/or parking pass automatically (monthly).
- Track your order history and maintain your account information.
- Who do I contact if I have questions about Commuter Benefits?
Reach out to the AECOM Benefits Service Center.