2024 Contribution Limits
For 2024, employees with a Health Care FSA (HCFSA) may elect to contribute up to an annual maximum of $3,200 with a minimum annual election of $100.
The maximum carryover amount from the 2024 plan year into the 2025 plan year is $640, which is determined by the IRS.
2023 Contribution Limits
For 2023, employees with a Health Care FSA (HCFSA) were able to elect to contribute up to an annual maximum of $3,050, with a minimum annual election of $100.
The maximum carryover amount from the 2023 plan year into the 2024 plan year is $610, which is determined by the IRS.
Questions? We are happy to help! Please reach out to Benepass Support for any assistance.