On October 19, 2017, the IRS announced that the annual contribution limit for a Healthcare Flexible Spending Account (FSA) will be increased for 2018. For 2018, employees will be allowed to contribute up to $2,650 into a Healthcare FSA. Employers should ensure that their healthcare FSA will not allow employees to make pre-tax contributions in [...]Continue Reading →
Posts Tagged 'medical FSA'
Will your company be including a Flexible Spending Account (FSA) plan within its employee benefits program for 2017? If so, it’s important to note the the IRS has increased the annual contribution limit. The IRS has set the FSA dollar limit on employee salary reduction contributions to $2,600 for taxable years beginning in 2017. Steps [...]Continue Reading →