On October 18, 2022, the IRS released the 2023 Health FSA / Limited Purpose FSA and Commuter Benefits maximum contribution limits.
There are no changes to dependent care flexible spending account (DC FSA) limits for 2023. The contribution limit will remain at $5,000.
For Health FSA plans that permit the carryover of unused amounts, the maximum carryover amount for 2023 is $610, an increase of $40 from the original 2022 carryover limit.
Contribution Limits 2022
|
Contribution Limits 2023
|
Medical FSA Annual Contribution Limits
|
Medical FSA Annual Contribution Limits
|
$2,850
|
$3,050
|
Commuter Benefits Monthly Contribution Limits
|
Commuter Benefits Monthly Contribution Limits
|
$280
|
$300
|
Qualified Small Employer Health Reimbursement Arrangement
|
Qualified Small Employer Health Reimbursement Arrangement
|
Self only - $5,450
Family -$11,050
|
Self only - $5,850
Family - $11,800
|