With the Commuter Account, you can save on taxes for the funds you use to pay for public transit and public parking.
(Note: Caterpillar parking fees paid through payroll deduction aren’t eligible).
Contribution limits vary by year:
|Account||2023 Monthly Limit|
This plan is administered by HealthEquity.
Enroll any time and you can carry over unused funds each year.
For more information or to enroll, visit healthequity.com/wageworks, click on Login/Register and then Employee Registration. Once you’ve set up a new username and password, it will automatically take you to the election screen where you can make your Commuter Account selections.
Disclaimer: A Commuter Account is an individual custodial account that you establish with HealthEquity to be used for reimbursement of qualified transit and/or parking expenses as set forth in Internal Revenue Code Section 132(f). A Commuter Account is not an employee welfare benefit plan and is not subject to the Employee Retirement Income Security Act of 1974, as amended (ERISA). Caterpillar does not sponsor or administer your Commuter Account.