FSA

Health FSA Limit Will Increase for 2022

Health FSA Limit Will Increase for 2022

The Affordable Care Act (ACA) imposes a dollar limit on employees’ salary reduction contributions to health flexible spending accounts (FSAs) offered under cafeteria plans. This dollar limit is indexed for cost-of-living adjustments and may be increased each year. On Nov. 10, 2021, the IRS released Revenue Procedure 2021-45 (Rev. Proc. 21- 45), which announced that […]

Skip to content