Access Full Open Enrollment FAQ for Employers and Brokers

2023 Annual Limits

What is the federal maximum contribution for the Medical FSA and Limited Purpose FSA? (plan must begin 01/01/2023 or later to apply)

    The current federal maximum for these plans is $3050.00.

What is the federal maximum contribution for the Dependent Care FSA?

    The current federal maximum allowable for Dependent Care FSA is $5000 per household in a calendar year.

What is the federal maximum contribution for the Transportation FSA and Parking FSA? (plan must begin 01/01/2023 or later to apply)

    The current federal maximum for Transit and Parking plans is $300 per month.

Archived: 2022 Annual Limits

What is the federal maximum contribution for the Medical FSA and Limited Purpose FSA? (plan must begin 01/01/2022 or later to apply)

    The current federal maximum for these plans is $2850.00.

What is the federal maximum contribution for the Dependent Care FSA?

    The current federal maximum allowable for Dependent Care FSA is $5000 per household in a calendar year.

What is the federal maximum contribution for the Transportation FSA and Parking FSA? (plan must begin 01/01/2022 or later to apply)

    The current federal maximum for Transit and Parking plans is $280 per month.

Access Full Open Enrollment FAQ for Employers and Brokers