Commuter Expense Reimbursement Account (CERA)
A Commuter Expense Reimbursement Account (CERA) through Optum Financial allows you to set aside pre-tax dollars from your paycheck to use for eligible commuting and parking expenses.
Key Highlights
- Pre-tax contributions up to the IRS monthly maximum can be made for mass transit and parking expenses; contributions above the IRS maximum will be deducted on a post-tax basis
- Online account management
- You can change or cancel elections month to month by the pre-determined cutoff date
Eligible Expenses
Mass Transit
- Public transit services such as bus, light rail, regional rail, streetcar, trolley, subway, ferry fares or vanpool
Parking
- Parking at or near your work location
- Parking at or near public transportation used for your commute
To access the CERA member portal go to optumbank.com. All the tools you need to enroll in and manage your commuter account are located here.
Questions, email accountholderservices@optum.com.