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understanding 2500 limit for plans


Guest ConnieLawson

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Guest ConnieLawson
<_< I want to understand the new $2500.00 FSA limit. I take it to mean that any of our plans started before 2013 are not affected by the limit, is this correct?
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You are correct. If you have a plan that starts July 1, 2012, you can have a medical FSA cap of more than $2500. However, for the plan year which starts July 1, 2013, the plan will have to be amended to reduce that cap to $2500.

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  • 2 months later...

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