A Commuter Benefit Account (CBA) is a tax-free benefit plan offered by an employer, where the participant/employee sets aside money to pay for eligible mass transit/parking expenses.

Who is eligible?

A participant/employee must work for an employer that offers a CBA.

What’s the benefit?

The participant/employee does not pay taxes on any money put into a CBA.

Is there a limit to CBA contributions?

Yes. The annual CBA contribution limits are as follows for 2020:

  Contribution Limit
Mass Transit $3240 ($270 per month)
Parking $3240 ($270 per month)
What expenses are eligible to spend CBA funds on?

Eligible mass transit/parking expenses are governed by IRS Publication 15-B. Eligible expenses include but are not limited to:

  • Tolls.
  • Parking meters.
  • parking garages.
  • MTA MetroCard.
  • Ferry passes.
  • Van pools.
  • Bus passes.
  • Subways.
  • Trains.
  • Ridesharing services such as Lyft Line or UberPool.
What if I do not use all of my CBA funds?

Funds in a CBA do not expire and will continue to rollover month to month, year to year. If a participant/employer leaves his/her employer, he/she will be able to spend any remaining CBA funds.