If mass transit or public parking is part of your daily work commute, the commuter benefits program can save you money. Plus, automatic deductions make paying for your monthly expenses a whole lot easier.
How it works
- You set aside pretax money that you can use for qualified parking, transit passes and vanpooling.
- The IRS allows you to set aside up to $325 per month pretax for public transportation and parking expenses in 2025.
- Rivian deducts your contributions from your paycheck on a pretax basis.
- You can enroll or stop participating anytime through HealthEquity. Changes can be made from the first to the tenth of each month, and are effective the first of the following month. Example: you have from January 1 to January 10 to change your benefit elections, which would be effective from February 1 onwards.
- 2024 claims can be filed directly with iSolved Benefit Services, debit cards are no longer active and claims will need to be submitted through the iSolved portal. You have 90 days from 12/31/24 to submit any 2024 claims. Unused balances will be transferred to HealthEquity in April 2025 for you to use.
Get started
To register, just visit www.healthequity.com/wageworks, select “LOG IN/REGISTER” and then “Employee Registration.” You’ll need to answer a few simple questions and create a username and password.
Learn more about the commuter benefits through HealthEquity here.
