Healthcare Flexible Spending Accounts (FSA)

[Guest benefitsanalyst]

Currently, our Health Care FSA limit is $2,500. However, for new employees, we pro-rate the maximum amount they can contribute in their first year of eligbility based on their hire date. I wanted to see if anyone else had similiar experiences with pro-rating or do companies typicaly let someone contribute the maximum amount regardless of when they are hired during the year.

Any thoughts would be appreciated.

Thanks.

[Guest sniffles]

Currently, our Health Care FSA limit is $2,500. However, for new employees, we pro-rate the maximum amount they can contribute in their first year of eligbility based on their hire date. I wanted to see if anyone else had similiar experiences with pro-rating or do companies typicaly let someone contribute the maximum amount regardless of when they are hired during the year.

Any thoughts would be appreciated.

Thanks.

No we do not limit their election based on when they are hired. If you are hired Nov. 1st you can put in the maximum amount, etc.