Can I pay for park-and-ride and transit separately?
Yes! Per IRS regulations, you can use up to $265 per month pre-tax for qualified parking expenses, such as those for park-and-ride, and you can use up to $265 per month pre-tax for qualified transit expenses. All you have to do is sign up for both a Commuter Parking Account and a Commuter Transit Account, and you can save up $530 pre-tax per month on eligible commuting expenses.