Flexible Spending Account 2025 Carryover Plan

Flexible Spending Account 2025 Carryover Plan. Benefits Spotlight Flexible Spending Accounts RCUH The IRS announced the 2025 contribution limits for all Flexible Spending Account (FSA) plans. Especially for employers, benefits plan sponsors, and benefits advisors, this information will help you communicate to your employees and contacts.

Why you might want to enroll in a flexible spending account plan Worklife
Why you might want to enroll in a flexible spending account plan Worklife from worklife.hr.ufl.edu

This FSA Carryover Rule overview is updated with information for 2024 to 2025 and 2025 to 2026 FSA carryovers These limits undergo annual adjustments to account for inflation

Why you might want to enroll in a flexible spending account plan Worklife

For 2024, the maximum carryover rule is $640 in carryover funds (20% of the $3,200 maximum FSA contribution) These limits undergo annual adjustments to account for inflation Carryover Limit The FSA Carryover limit provides employers the option to transfer a maximum amount of remaining FSA balances at a plan year's end to carryover for use.

Why you might want to enroll in a flexible spending account plan Worklife. The FSA Carryover Provision does not apply to the Dependent Care Flexible Spending Account (DCRA). Limited Purpose FSA limits will also increase from $3,200 to $3,300 for 2025

Free Flexible Spending Account Guide HR Template to Edit Online. Commuter Parking: $325 maximum monthly deduction& account distribution limit Dependent Care Flexible Spending Account (DCFSA) $5,000 family maximum annual contribution