Government Paid Transit Funds Now; Use Em' or Lose Em'
by Deirdre Blake
posted Jan 23 2014 11:14AM
If you get transit benefits through a federal agency, a big change is now in effect.
The funds added to your account can only be used for the current month's travel. After 2:00 p.m. on the 21st of each month, whatever is left is withdrawn from your Electronic SmartBenefits and sent back to the U.S. Department of Treasury. The next month's money will be added to your account in the morning, on the 22nd of each month.