Commuter Parking & Public Transit Savings
Use pretax dollars for commuting costs.
Key’s commuter benefits program allows eligible employees to use pretax dollars to cover parking expenses or public transit expenses for travel to work.
Key allows eligible employees to use pretax dollars to pay for commuting costs up to limits established by the federal government. Current limits for pretax commuter benefits are:
- Parking: $280 per month
- Public Transportation: $280 per month
Any amounts withheld above these limits will be deducted on an after-tax basis.
This program is administered by WageWorks. Employees who are interested in participating can learn more and visit Wageworks.com to log-in/register for the program and submit a claim.