How much may I contribute to my Flexible Benefits accounts?

  • The maximum amount you can contribute to a FSA is set by the IRS each year (typically in late October or early November), and the limits are subject to change yearly. Employers have the right to set a lower amount than the IRS maximum. The annual contribution limits for 2017 are:

    • Medical FSA – $2,550 (If you and your spouse each have a healthcare FSA, you can each contribute $2,550)
    • Limited purpose FSA – $2,550
    • Dependent care FSA – $5,000 (per household)
    • Transportation and parking FSA – $255 per month for each

     

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