Commuter Benefits versus FSA


Commuter Benefits

Flexible Spending Account (FSA)

Sign up anytime you want!

Can only sign up once a year. If you miss the deadline, you miss out.

Funds can be carried over month to month into the next calendar year. No limits

Can only rollover a maximum of $500 at the end of the year.

Annual limits are $130 monthly or $1,560 yearly for transit and $250 or $3,000 for parking. Combined transit and parking limits are $380 monthly or $4,560 yearly. Know what you use month to month.

$2500 annual limit. Difficult to gauge how much you’ve spent throughout the year.

No receipts or documentation required*. You don’t have to keep track of your voucher/card usage.

You have to keep all your receipts and documentation.