The IRS released the 2024 pre-tax contribution monthly limits for Transit and Parking.
Effective January 1, 2024, the maximum pre-tax limit will increase to $315 per month for Transit and $315 per month for Parking.
MTA Fare Increase
The Metropolitan Transportation Authority (MTA) will be increasing their fares on Sunday, August 20, 2023.
You can find more information on the new fare structure here: new.mta.info/transparency/mta-fares-tolls-2023
Starting August 8, 2023, employees can make changes to the existing Commuter Benefits payroll deduction, by logging into their agency's payroll portal via www.commuterbenefitsnyc.com/signup.aspx
Commuter Card - No Fee and Annual Transit Card Participants:
The 30-Day Unlimited Ride MetroCard fare will increase from $127 to $132 per month on 8/20/2023
No action is required for participants enrolled in the Commuter Card – No Admin Fee and the Annual Transit Card plans. The payroll deduction amounts for these plans, which are based on the cost of the 30-Day Unlimited Ride MetroCard, were updated automatically to match the new fare.
Transit Pass Plan Participants:
Check your Edenred Commuter Account balance: If the balance in your Commuter Account does not cover your September election, you may add a personal credit card to your Edenred account to cover the remaining balance of your order.
To add a personal credit card:
- Log into your Edenred account www.commuterbenefitsnyc.com/login.aspx
- Click on the My Account drop down menu and select My Profile. Here you will see a section for Personal Credit Card Information.
Starting August 8, 2023, employees can make changes to the existing Commuter Benefits payroll deduction, by logging into their agency's payroll portal via www.commuterbenefitsnyc.com/signup
Unlimited Ride MetroCards
Transit Pass plan participants with Unlimited Ride MetroCards received at the previous fare must activate the MetroCard by August 27, 2023 to receive full-unlimited ride value. The grace period for Unlimited Ride MetroCards activated by August 27, 2023 are shown below:
Please Note: If you are unable to activate your MetroCard by this date or have unused, unopened (factory sealed) MetroCard(s) at the old fare, they may be returned for credit only.
Any MetroCard(s) that are returned for credit must still be sealed. MetroCard(s) that are not sealed or if the seal is broken, become ineligible for credit.
Edenred mailing address for returns:
Edenred Benefits
P.O. Box 540515
Waltham, MA 02454
Information to include in your return envelope to Edenred:
- MetroCard
- Full legal name
- Employer name: City of New York
Access-A-Ride
The Access-A-Ride fare will increase from $2.75 to $2.90 on 8/20/2023.
Through August 19th, 2023, MTA Access-A-Ride providers will continue to accept the old Access-A-Ride coupons with the “Effective date: March 19, 2017” for each ride. Starting on August 20th, the old coupons will no longer be accepted and will be replaced with Access-A Ride coupons displaying "Effective Date August 20, 2023".
Starting on August 20th, unused coupons can be returned to Edenred by October 1st for a credit to your Edenred account.
Edenred mailing address for returns:
Edenred Benefits
P.O. Box 540515
Waltham, MA 02454
Information to include in your return envelope to Edenred:
- Access-A-Ride Coupons
- Full legal name
- Employer name: City of New York