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2023 Health FSA Contribution Cap Rises to $3,050

19 Oct 2022 9:53 AM | Christine Strak (Administrator)

Employees can put an extra $200 into their health care flexible spending accounts (health FSAs) next year, the IRS announced on Oct. 18, as the annual contribution limit rises to $3,050, up from $2,850 in 2022. The increase is double the $100 rise from 2021 to 2022 and reflects recent inflation. 

If the employer's plan permits the carryover of unused health FSA amounts, the maximum carryover amount rises to $610, up from $570. Read more.


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