Commuter Benefits
The Gallagher commuter benefit program helps you reduce the cost of your daily commute by paying for these expenses with pre-tax money up to IRS limits. By enrolling in the program, you could save up to 35% on your costs. Depending on your tax rate, you could realize savings equal to three free months of transit or parking in one year just by participating in this convenient plan.
Eligibility & Enrollment
Commuter Benefits are available to all regular part-time and full-time employees. You can enroll, change, or suspend your participation during any of the monthly enrollment cycles online at healthequity.com. You will need the last four digits of your Social Security number to gain access to the enrollment website. You can set up your enrollment to require re-enrollment each month, or you can set up an ongoing enrollment that will remain in effect until you choose to change or suspend it.
How it Works
Click here to see the contribution limits for this plan year.
Eligible commuting expenses include:
- Mass transit: buses, trains, subways, vanpools, ferries
- Parking: lots, garages, parking facilities near your main work location or transit station
- Elections are made on a monthly basis. To participate for the following month, your elections need to be made by the 10th of the month.
How do I use my commuter benefits?
You have several options for reimbursement of your parking expenses. When you enroll, you may select Pay Me Back, Pay My Provider or request a transit card.
For mass transit, you can:
- Order the specific pass, vouchers or tickets for your transit system. You may set up a recurring order or go online by the 10th of each month to make your election for the following month.
- Use a HealthEquity commuter debit card to purchase tickets from a vending machine or ticket window.
For parking-related expenses, you can:
- Set up direct payment to your parking facility
- Use a HealthEquity parking card (works like a debit card)
- Pay upfront and submit your expenses for reimbursement from your account
Based on your elections, pre-tax deductions will automatically be taken from your paycheck. For the mass transit and parking benefits, the entire deduction will be taken from the second paycheck of the month in which you enroll.
Provider details
Benefits Provider
HealthEquity
Website
https://www.healthequity.com/Call
877-924-3967Additional Information
Transition Timeline
View key milestones and dates so you can plan ahead with confidence.