IRS Increases Parking Contribution for 2019

The IRS has announced that the pre-tax parking limit for 2019 will increase from $260 to $265.  GW will continue to offer a pre-tax parking deduction for off-campus and occasional on-campus parking expenses up to the new IRS limit of $265.  You elected amount should be based on your estimated monthly parking expenses.

Should you wish to amend your parking contribution amount effective January 1, 2019, please complete the 2019 Parking Enrollment Form and submit it to GW benefits no later than December 20th 2018 to ensure timely processing. Enrollment and/or changes made on or after January 1, 2019 must be completed using the EasyEnroll system.

Please note: Claims for eligible parking expenses incurred in 2018 must be submitted to PayFlex no later than December 31, 2019 to be considered for reimbursement.