Commuter Transit Benefits
Save money on your commute by enrolling in the Mass Transit plan with Discovery Benefits!
If you commute by bus, rail, ferry, or vanpool, you can contribute up to $270 per month on a pre-tax basis to your commuter benefits account. Funds are loaded on to a debit card that can be used to purchase transit passes. You can change your election amount at any time during the year.
Please note that loanDepot only offers a Mass Transit plan, not a parking plan, so this benefit can not be used for parking expenses.
Starting with the 2022 plan year, MyChoice Accounts will replace Wex/Discovery Benefits as our plan administrator for the FSA
Toll roads, parking and cab services (including Lyft and Uber are not eligible expenses under the Mass Transit Plan