Why WageWorks |
How We Help You Save
What is "Pre-Tax"?
Benefits Programs |
FSA Health Care
FSA Dependent Care
Health Reimbursement Arrangement (HRA)
Health Savings Account (HSA)
Commuter
COBRA
Learning Center |
Partners
Eligible Expenses
Claim Forms
Eligible Dependents
Calculate Savings
Card Use Verification (CUV)
IRS-Approved Merchants
Letter of Medical Necessity
Health Care Card Webinar
Orthodontia Claim Requirements
COBRA Forms
Commuter Savings Calculator
Should you take advantage of commuter benefits?
How much should you spend on transit, vanpool and parking each month?
How much can you save?
How much can your company save?
Use the Commuter Benefits Calculator to find out.
Enter the amount you spend on the following:
Public transportation (bus, train, ferry, subway, streetcar)
/month
Vanpool
/month
Parking
/month
Total
/month
Enter Federal, State & Local taxes:
%
FICA (includes Medicare)
%
Total taxes:
%
Estimated Tax Savings:
You save $
/month
You save $
/year
Remember:
Only your expenses are eligible. Regulations do not allow the plan to cover expenses for your spouse or any dependents.
Parking at or near your place of work or at or near where you take public transportation is eligible. Parking at or near your home is not.
You save taxes on the first $230 a month in transit and vanpool expenses. If your expenses are less, then you'll save taxes on whatever you spend.
You save taxes on the first $230 a month in parking expenses. If your expenses are less, then you'll save taxes on whatever you spend.
You can save taxes on a total of $460 a month for transit, vanpool and parking expenses.
Commuter Webinar
Commuter FAQs