Health Care FSA (HCFSA)

How much can I elect under my Health Care FSA (HCFSA)?

2022 Contribution Limits

For 2022, employees with a Health Care FSA (HCFSA) may elect to contribute up to an annual maximum of $2,850, with a minimum annual election of $100.

The maximum carryover amount from the 2021 plan year into the 2022 plan year is $570, which is determined by the IRS.

2023 Contribution Limits

For 2023, employees with a Health Care FSA (HCFSA) may elect to contribute up to an annual maximum of $3,050, with a minimum annual election of $100.

The maximum carryover amount from the 2022 plan year into the 2023 plan year is $610, which is determined by the IRS.

 

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