Yes, the IRS sets annual limits on how much an individual can contribute to an FSA. These limits are subject to change each year. Employers may also set their own contribution limits, as long as they do not exceed the IRS maximum.
Yes, the IRS sets annual limits on how much an individual can contribute to an FSA. These limits are subject to change each year. Employers may also set their own contribution limits, as long as they do not exceed the IRS maximum.