Do high fuel prices have you searching for ways to conserve gas and save money? Check out the CONEXIS Commuter Benefits Plan. You can save up to 30 percent* on eligible, work-related transit and parking expenses. Not only will you keep more money in your paycheck, but you will also lessen your impact on the environment.
Important: Your employer must be contracted with CONEXIS for you to enroll in this program.
A commuter benefits plan is an employee benefit provided by an employer. This plan allows you to set aside pre-tax dollars* each month to pay for qualified, work-related transit and parking expenses. You save money for commuter expenses you’re already paying for.
Learn more about eligible pre-tax transit and pre-tax parking expenses on our
Commuter Expenses page.
With pre-tax deductions, you keep more money in your paycheck. Your increased take-home pay and savings depend on your income tax bracket. If you are in a 30-percent tax bracket, you can save $30 for every $100 that you put into the commuter plan. Put $1,000 a year into your commuter benefits plan, and you increase your annual take-home pay by $300**.
The money you can save on your transit and parking expenses can really add up! Check out your potential savings with our online savings calculator and see how other participants save money on our Savings Examples page.
Ready to enroll? Find out how on our Enrollment page.
Commuter benefits plans are regulated by IRS Section 132 rules. Current tax laws allow you to place up to $245 per month for transit expenses*** and $245 per month for parking expenses in 2013.
Our commuter benefits plan has several options that allow you to customize your commuter plan according to your needs. You can sign up for one month at a time, or you can schedule a recurring order … it’s your choice. Enroll and you will receive monthly emails to keep you informed of your transit orders and account balance.
Check out commuter plan rules on our Commuter Participant Guidelines page.
Learn about ordering and reimbursement processes on our Commuter Order Process page.
* Transit and parking contributions are deducted before federal and most state taxes. Check with your tax advisor for specific details.
** Based on a total income tax rate of 30 percent; actual savings may vary and are based on individual tax situations. Please discuss details with your tax advisor.
*** The American Taxpayer Relief Act made a retroactive change to the monthly pre-tax limit for eligible transit expenses incurred in 2012. As of January 1, 2013, the 2012 limit increased from $125 to $240 per month. This amount has been indexed for inflation and is now $245 per month in 2013.