How it Works & Marvell's Subsidy
Administered by Navia, register online at https://www.naviabenefits.com/participants/ (employer code: MRV) and place an order for your monthly transit and parking needs by the 20th of the month. The order amount will be deducted from your paycheck pretax and loaded onto a Navia Benefits Card (same card as your Navia FSA Debit Card). You can use the Navia Benefits Card in place of a personal debit or credit card, to purchase services at any transit or parking facility that accepts MasterCard.
Your commuter passes will be purchased using pre-tax dollars (2022: up to $280 for parking and $280 for transit) and Marvell will subsidize your purchase 50% up to $70/month. Both pre- and post-tax purchases will be deducted from the first paycheck of the month.
For example, if you select a transit pass that costs $400/month, Marvell will pay 50% up to $70 (in this case, $70), the pre-tax limit of $280 will be deducted from your paycheck with the remaining $50 deducted post-tax.