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FSA Contributions


Guest Stacey619
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Guest Stacey619

The minimum FSA contribution limit effect December 31, 2012 is $2500.00. However while reading though the IRS notices for 2012-2013 changes I came across a section titled " What Contributions are Subject to the Limits" in this section it states " Non-elective employer contributions to a health FSA generally do not count towards this limit". Does this mean if an employer is contributing $2500.00 to and employees FSA as Flex Credits for the 2013 plan year, the employee may also elected $2500.00 salary reduction contributions?.

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  • 1 year later...

Yes, the $2,500 limit is only on the employee elective contribution, for 2013 there's no dollar limit on the employer's non-elective contribution (flex credit).

Note that in 2014 the employer's contribution will be limited to the greater of $500 or the amount of the employee's elective contribution (posibly as much as $2,500)

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FlyboyJohn. Where did you get the information that an FSA will be limited? This is an FSA under a section 125 cafeteria plan, not an HRA.

George D. Burns

Cost Reduction Strategies

Burns and Associates, Inc

www.costreductionstrategies.com(under construction)

www.employeebenefitsstrategies.com(under construction)

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