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Section 125 Plans


Guest joeydell

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Guest joeydell
Posted

Is there a govt. mandated dollar amount that an employee can contribute to his medical expense reimbursement account on an annual basis? This is assuming the employer doesn't cap the benefit amount.

Posted

I don't think so. I don't recall ever seeing anything about there being one.

It would certainly be extremely wise of the plan to state a cap though. Ours is $3000.

Posted

The maximum for the Medical FSA is set by the employer.

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