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IRS Increases Maximum Employee Contribution to Health Care FSAs for 2015

By Lisa A. Berkowitz Herrnson & Roberta Chevlowe on October 31, 2014

The IRS announced yesterday that the maximum annual employee contribution to a health care flexible spending account plan is increasing by $50 to $2,550 for 2015 (up from the $2,500 limit that has applied since 2013).

Employers that sponsor health care FSAs should take this increase into account in preparing for open enrollment, and may…

Posted in Cafeteria Plans, FSA, IRS

Employee Benefits & Executive Compensation Blog

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