FSA Limits Increased for 2023

Are you currently contributing to an FSA? Good news! The IRS announced the 2023 maximum contribution limits, that has considerably increased from 2022 limits.

Medical FSA and Limited Purpose FSA:

2022: $2,850

2023: $3,050

FSA Maximum Carryoer Amount:

2022: $570

2023: $610

Dependent Care Account (DCA):

No change: $5,000/family, $2,500/individual

Transit:

2022: $280/month

2023: $300/month

Parking:

2022: $280/month

2023: $300/month

Health Savings Account (HSA):

2022: Individual: $3,650, Family: $7,300

2023: Individual: $3,850, Family: $7,750

Questions about FSA’s? Contact us now.

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