Skip to Main Content
Loading
Loading
Create a Website Account
- Manage notification subscriptions, save form progress and more.
Website Sign In
Search
Boards & Commissions
Departments
Community
Business
Services
How Do I...
Home
News Flash
Search
All categories
Home
Human Resources Department
Wastewater Department
Tools
RSS
Notify Me®
View Archived
Categories
All Categories
Home
Human Resources Department
Wastewater Department
News Flash
Human Resources Department
Posted on: November 3, 2022
Health FSA Limit Will Increase for 2023
On Oct. 18, 2022, the IRS released
Revenue Procedure 2022-38
, which includes the inflation-adjusted limit for 2023 on employee salary reduction contributions to health flexible spending accounts (FSAs). The Affordable Care Act (ACA) imposes a dollar limit on employees’ salary reduction contributions to health FSAs. This dollar limit is indexed for cost-of-living adjustments and often increases from year-to-year.
For plan years beginning in 2023, the ACA’s adjusted dollar limit on employees’ salary reduction contributions to health
FSAs increases to $3,050.
This is a
$200 increase
from the 2022 health FSA limit of $2,850. Rev. Proc. 22-38 also increases the maximum carryover limit for a health FSA to $610 for 2023 (from $570 for 2022).
Next
⇒
457 Deferral Limit Rises for 2022
Other News in Human Resources Department
457 Deferral Limit Rises for 2022
Posted on: December 30, 2021
Live Edit
Agendas & Minutes
Employment
Forms
Notify Me®
Online Bill Pay
Maps/GIS & Property Information
Government Websites by
CivicPlus®
Arrow Left
Arrow Right
[]
Slideshow Left Arrow
Slideshow Right Arrow