Page 27 - Harvard Maintenance HSS 2022 Benefits Guide
P. 27
Calendar Year 2022
Benefits Enrollment
How does the Harvard subsidy work? What Transit and
Example: If an employee pays $10 per day for parking and Parking Expenses are
comes to the oice 1 day a week. Employee may elect $40 per Eligible?
month . If employee elects the subsidy covers the $40 and no Only parking and mass transit
deductions are taken from employee expenses incurred by the
Employees may elect up to $270 per month . Harvard subsidy employee in connection with
travel between their residence
would cover $125 and employee pays $145 = $270 . and work place are eligible .
How to Use Your Commuter Funds Examples of eligible expenses
include:
Once your funds are available, it’s simple to pay for your eligible Bus and commuter
expenses up to the IRS monthly limit . highway vehicles,
®
Use the PayFlex Card , your account debit card . It’s a including vanpools
convenient way to pay for eligible transit expenses . Mass transit vehicles
Pay yourself back for parking: Pay for eligible parking Metro and transit
expenses with cash, check, or your personal credit card . passes, token fare cards,
Then, submit a claim to pay yourself back . vouchers, and similar
Note the following if you purchase a transit pass with the PayFlex debit card: The items for transportation
provider must sell transit products exclusively in order for the card to work. by bus, train, subway, and
ferry
PayFlex Mobile App!
To login, use the
same username and
password you use for
the PayFlex member
website. If you haven’t
set up an online
account, get started
today by visiting
www.mypaylex.com
and clicking “Create
Proile.”
27
Benefits Enrollment
How does the Harvard subsidy work? What Transit and
Example: If an employee pays $10 per day for parking and Parking Expenses are
comes to the oice 1 day a week. Employee may elect $40 per Eligible?
month . If employee elects the subsidy covers the $40 and no Only parking and mass transit
deductions are taken from employee expenses incurred by the
Employees may elect up to $270 per month . Harvard subsidy employee in connection with
travel between their residence
would cover $125 and employee pays $145 = $270 . and work place are eligible .
How to Use Your Commuter Funds Examples of eligible expenses
include:
Once your funds are available, it’s simple to pay for your eligible Bus and commuter
expenses up to the IRS monthly limit . highway vehicles,
®
Use the PayFlex Card , your account debit card . It’s a including vanpools
convenient way to pay for eligible transit expenses . Mass transit vehicles
Pay yourself back for parking: Pay for eligible parking Metro and transit
expenses with cash, check, or your personal credit card . passes, token fare cards,
Then, submit a claim to pay yourself back . vouchers, and similar
Note the following if you purchase a transit pass with the PayFlex debit card: The items for transportation
provider must sell transit products exclusively in order for the card to work. by bus, train, subway, and
ferry
PayFlex Mobile App!
To login, use the
same username and
password you use for
the PayFlex member
website. If you haven’t
set up an online
account, get started
today by visiting
www.mypaylex.com
and clicking “Create
Proile.”
27
