NVIDIA partners with WageWorks so you can pay for transit and parking passes with pre-tax dollars. And NVIDIA will kick in up to $100 each month to help you pay for transit and vanpool costs. Coverage is on a month-to-month basis so you can sign up, make changes, or cancel at any time.
Here’s How To Save
You can enroll in the Commuter Spending Account and pay for monthly parking passes or transit and vanpool expenses—up to $255 per month (in 2017)—with pre-tax dollars. To enroll, visit the U.S. Benefits Enrollment site. Go to My WageWorks Account. Then select your Commuter program. Please note: The tenth of each month is the deadline to sign up for the following month’s Commuter pass.
When you purchase a monthly transit pass, you’ll get up to a $100 monthly subsidy from NVIDIA. Here’s how it works: The cost of your monthly pass is automatically deducted from your paycheck, minus NVIDIA’s subsidy. For example, if the monthly cost of your transit or vanpool expense is $200, $100 will be deducted from your paycheck, and $100 will be subsidized by NVIDIA.
See the FAQs for information on how to enroll.
This benefit is available to all employees who normally work 20 hours or more per week.