FAQ Category: CBP General

Commuter Benefit Plans are a monthly benefit and unused balances will automatically roll from month to month. There is no “use-it-or-lose-it” with a CBP at

Commuter Benefit Plans are a monthly benefit. You can make separate mass transit and parking elections (if permitted by your employer). CBP election changes can

Information about a CBP Account does not need to be reported for income tax purposes. The total earnings reported on your W-2 form will exclude

If you contribute over a long period of time, your contributions to a CBP Account will reduce your Social Security benefit by a minimal amount.

Once an account is closed, it can no longer be used. Details regarding any remaining funds are outlined in your Plan Specifications.

You can elect to stop contributing to your CBP Account (that is, to make a $0 election). If you are still eligible to participate, your

Eligibility of expenses is dictated by the IRS and those guidelines are used by Benefit Resource. The services of an attorney are utilized if an

Excess balances at the end of a plan month will be carried over to the subsequent plan month as long as you continue to be

No. Only qualified expenses for workplace mass transit and parking are eligible.

No. Only qualified workplace mass transit and parking expenses are eligible. Costs to maintain or use your personal vehicle are not included. In order to

Certain situations can arise which allow you to change an election. These situations include: Change in residence or worksite Change in work schedule Change in

No. Money directed to one type of account can be used only for expenses relating to that account. This is true even if all the