Commuter Benefits

Iron Mountain offers a commuter benefits program that allows you to set aside pre- and post-tax funds to pay for your expenses related to commuting to and from work.

This includes:

• Public transportation: Including bus, train, subway, ferry, eligible vanpool services, carpools, and commuter highway vehicles.

• Parking: Expenses related to parking at or near work or at a location from which you commute to work using mass transit, van pooling, or carpooling. This does not include parking where you live.

• Eligibility

  To be eligible for this benefit, you must be a permanent employee working a minimum of 20 hours per week and regularly commute to a workplace using public transportation or paid parking.

  Who is not eligible?

  The following employees are not eligible for this program:

  • Employees in Puerto Rico

  • Expats

  • Union employees

  • Employees who work exclusively from home

• How it works

  Commuter benefits allow you to use pre-tax and post-tax funds to pay for your commute to and from work, reducing your taxable income and saving you money on every trip.

  Monthly contribution limits

  The IRS sets a maximum monthly pre-tax deduction for commuter expenses. For 2026, these limits are:

  • 2026 pre-tax limit: Up to $340 per month for transit and $340 per month for parking.

  • Using post-tax funds: If your monthly commute costs more than the IRS pre-tax limit, you can elect an additional post-tax amount. This ensures your CommuterCard remains funded for your entire commute, even when you exceed the tax-free cap.

  Iron Mountain contributions

  Iron Mountain provides a company contribution to help lower your transit costs. Note: This does not apply to parking.

  Monthly transit enrollment	Iron Mountain contribution	Your pre-tax contribution
  $50	$50	$0
  $150	$80	$70
  $340 (Max)	$80	$260

  Eligible expenses

  • Transit & vanpool: Fares for buses, subways, trains, ferries, and eligible vanpools.

  • Vanpool requirements: To qualify for pre-tax funds, the van must seat at least six adults (plus the driver), be used primarily for commuting (80% of the time), and be at least half-full on a regular basis. Personal vehicles do not qualify.

  • Parking: Parking at or near your workplace, or at a location where you connect to mass transit or a carpool.

  Deadlines & reimbursements

  • Transaction limits: If a single purchase exceeds your available monthly balance, the transaction will be declined. You must pay with another method and then submit a claim for reimbursement.

  • Reimbursement deadline: Per IRS regulations, all commuter claims must be submitted within 180 days of the date the expense was incurred.

  • Submission: Claims can be filed online at netbenefits.com.

• Get started

  Follow these steps to set up your commuter account and elect your monthly contributions:

  1. Log on to netbenefits.com. If you already have a Fidelity account (e.g., for your 401(k) or HSA), use your existing username and password.

  2. New users: Select Register as a new user and follow the prompts to verify your identity and set up your profile.

  3. Navigate to Enrollment: Locate the Flexible Spending and Reimbursement Accounts section on your dashboard.

  4. Select "Commuter": Click on Enroll in Commuter and choose your transit and/or parking plans.

  5. Enter your amount: Enter your desired monthly pre-tax and post-tax amounts. To receive the $80 Iron Mountain transit contribution, you must enter a personal election amount.

  6. Confirm: Review your selections and click Submit. You will receive a confirmation screen, and your new CommuterCard will arrive via mail within 7–10 business days.

For more information, contact Fidelity at 833-299-5089.