Flexible Spending Account contribution limits are set annually by the IRS, and an employer can choose to set a lower limit. Both an employer and employee can contribute to an FSA.
- For 2023, the pre-tax contribution limit for Health FSAs (including General Purpose and Limited Purpose FSAs) is $3,050. This is an increase of $200 from 2022.
- For 2023, the pre-tax contribution limit for Dependent Care FSAs is $5,000 for a married couple filing jointly, or $2,500 for each individual FSA if you each have a separate account. This is the same as 2022.
Read more about rules and guidelines for planning FSA contributions on our blog.
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