FSA Limit Increase Coming in 2018

FSA Limit Increase Coming in 2018

In their 2018 inflation adjustments, the IRS has announced an increase to the contribution limits for the following pre-tax benefit accounts:

  • +$50 for Healthcare FSA’s annual contribution limit—total of $2,650/yr
  • +$5 for Transit Account’s monthly max—total of $260/mo
  • +$5 for Parking Account’s monthly max—total of $260/mo

All other pre-tax benefit accounts’ contribution limits remain unchanged.

Click here for the complete details on the 2018 Inflation Adjustments.

Click here to track all current IRS benefits limits (TASC website).