Pay for transportation expenses with before-tax dollars, which can save you money on monthly parking or commuter costs related to your work commute through Pearson Benefits Marketplace.
- It’s easy and flexible. You decide how much to contribute, and the money is deducted from your paycheck automatically
- Before-tax deductions are allowed up to the IRS limit of $265 per month for commuting and/or $265 per month for parking
- Choose your contribution amount when you enroll. You can change your election at any time. However, depending on when you make your election, it can take 1-2 pay periods for the updated deduction to be reflected in your account
- You only have access to the funds that have already been deposited in your account
- Contributions cannot be refunded if you don’t use them