FSA Limits

Learn about FSA Limits and more with Workstream and improve your hiring vocabulary. Workstream helps companies hire better, faster - everyday.
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What is the meaning of FSA Limits? 
 

FSA stands for Flexible Spending Account. An FSA limit refers to the ceiling amount or the maximum pre-tax amounts that employees and employers can contribute to a Flexible Spending Account or FSA. The limits are different for Health FSAs and Dependent Care FSA. The FSA limits are reviewed and set by the Internal Revenue Service (IRS) every year and the changes are typically announced after open enrollment. Most employees can adjust their contributions the following year.

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