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FSA 2013 New Plan Limits


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?.

Thank you!

Stacey M...

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  • 2 weeks later...
Guest taxesquire

If the employer contributes a set amount to the FSA, it does not count towards the limit. If the employer offers amounts for employees to allocate as they choose, I think the amounts allocated to the FSA will not count towards the limit if they are not cahsable flex credits. I'm not positive, though.

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