Are you aware of the upcoming changes to the Flexible Spending Account (FSA) limit? Starting in 2025, the FSA limit will see a significant increase, providing employees with greater flexibility and savings opportunities. This change is expected to have a substantial impact on employee benefits and financial planning. In this article, we will explore the … Read more
Attention all savers! The Internal Revenue Service (IRS) has announced the highly anticipated contribution limits for Flexible Spending Accounts (FSAs) for the year 2025. These accounts offer a tax-advantaged way to set aside money for eligible medical and dependent care expenses. However, there are some significant changes to these limits, so it is crucial to … Read more
Are you planning to save money on healthcare expenses in 2025? If so, you’ll want to know about the changes to flexible spending account (FSA) limits. In this article, we’ll provide you with everything you need to know about FSA limits for 2025, including the contribution limits, eligibility requirements, and how to use your FSA … Read more
FSA contributions can be a great way to reduce your tax burden and increase your retirement savings. These contributions are made on a pre-tax basis, meaning they are deducted from your paycheck before taxes are calculated. As a result, you pay less in taxes on your paycheck each payday. The maximum amount you can contribute … Read more
The 2025 flex spending limit increase is a huge win for employees who use flexible spending accounts (FSAs) to save money on healthcare and dependent care expenses. The new limit, which was announced by the Internal Revenue Service (IRS) in November 2022, will be $3,050 for health FSAs and $5,000 for dependent care FSAs. This … Read more
