Ask your company's rideshare or human
resources department about your eligibility for
these commute benefits.

Transit/Vanpool Allowance
Employees can receive up to $65 a month, or
$780 a year, tax-free, to purchase transit
passes or pay for fares on registered vanpools
or company buses.

Qualified Parking
Employees can receive up to $175 a month, or $2,100 a year, tax-free, for paid parking expenses. This benefit may be offered in addition to the Transit/Vanpool subsidy: for example, an employer could opt to help cover parking expenses incurred by an employee who drives to a paid parking lot to take transit.

Parking Cash-Out
Employer-provided parking can be "cashed out". This pays employees to permanently give up their parking, based on a fair market value of the parking space. Employees can receive up to $175 a month, or $2,100 a year. Employees may receive the value as taxable cash, a tax-free fringe benefit for transit/vanpool fares(up to $65/month), or a combination of cash and fringe.

Regional Incentive Programs
Many local transportation agencies offer carpoolers $2/day and discount cards for goods and services.

Guaranteed Ride Home
Some employers offer carpoolers a guaranteed ride home for added flexibility in the case of emergency or no-show commute partners.

 

 

 

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