You will be able to quickly and easily make payments for eligible expenses using pre-tax dollars. The funds will be available for you to spend as they are deducted and posted to your Voya account. You must use your Voya debit card for Transit expenses. For Parking, you can use the card, pay out of pocket and submit a claim for reimbursement. You need to file claims within 180 days of incurring the Parking expense. Be sure to stay current on your claims filing.

Use the mobile app or online portal to monitor your account and make sure your balance isn’t building up too much. You may change your election amount at any time. Changes submitted during the month will become effective on the first day of the next month, subject to payroll processing deadlines. Funds will roll over month to month and year to year, but unspent funds are forfeited upon termination.

If you want to pause your contributions during the year, change the election amount to $0. “Declining” the coverage will result in the termination of your account, and you will lose access to any funds remaining in the account.