Parking benefits

Save up to $672* on taxes when you use your parking benefits

The smartest way to get to work

Commuter benefits let you use tax-free money to pay for eligible parking expenses. Commuter benefits help members realize significant savings on everyday parking costs. Don’t think of it as money deducted from your paycheck—think of it as money added to your wallet.

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Activate at any time; no need to wait for enrollment season

No ‘use-it-or-lose-it,’ commuter funds never expire**

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Pause, change, or update your benefits any time

Maximize your tax savings

When you use your tax-advantaged commuter benefits, you get $10 in tax savings for every $50 you contribute.^

FSA Chart

2023 IRS contribution limits


Parking benefit resources  

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Easily find answers to common questions about your benefits.   

HSA guide

Plan your spending, know the rules and unlock amazing tax savings.


Not sure which benefit is right for you? Explore our on-demand webinars.

HealthEquity does not provide legal, tax or financial advice. Always consult a professional when making life-changing decisions.

*Conditions apply. Member must remain employed with organization that continues to sponsor commuter benefit. 

**Estimated savings are based on an assumed combined federal and state income tax rate of 20%. Actual savings will depend on your taxable income and tax status.

^Chart for illustration purposes only. Actual savings will vary based on your unique tax situation. 

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