IRS 2023 Health Flexible Savings Account Adjustments

IRS 2023 Health Flexible Savings Account Adjustments

Stone building with raised INTERNAL REVENUE SERVICE lettering, for 2023 health FSA adjustments

The 2023 Health Flexible Savings Account (FSA) limits have been released by the IRS. The limit has increased to $3,050 (up from $2,850 for 2022) Employers that have FSA plans may choose to increase their health FSA election maximum for the 2023 plan year.  This is NOT required by law.