Flexible Spending Account
Questions and answers
The maximum contribution limit for all FSAs are determined by the Internal Revenue Service(IRS). In Revenue Procedure Code 2017-58 the IRS increased the maximum contribution limit for Healthcare FSAs to $2650 in 2018. FSAFEDS has adopted this new higher limit on 1/1/2018.
This change does not affect the limit associated with Dependent Care FSAs.
This change does not affect the limit associated with Dependent Care FSAs.