An HR Glossary for HR Terms
Glossary of Human Resources Management and Employee Benefit Terms
What Are FSA Limits?
FSA limits are the maximum pre-tax amounts employees and employers are allowed to contribute to a Flexible Spending Account (FSA). These amounts are reviewed yearly, although the timing of announced changes generally happens after open enrollment, meaning most employees adjust their contributions the following year. FSA limits differ for Health FSAs and Dependent Care FSAs.
For more on FSAs, see our entry for Flexible Spending Account (FSA).