2023 Limits Increase for FSA, Transit, Adoption
The IRS published Revenue Procedure 2022-38 on October 18, 2022, detailing 2023 limit increases for Flexible Spending Accounts (FSAs), Transit, and Adoption benefits. FSA Limit for 2023 The maximum annual contribution for Health FSAs is rising from $2,850 in 2022 to $3,050 in 2023. Dependent Care FSA limits remain $5,000 for married couples filing jointly … More >>