H&W 2018 Health FSA Contribution Limit

The IRS has released Revenue Procedure 17-58 which presents the 2018 cost-of-living adjustments for several tax-related limits including those for the health flexible spending arrangements (“Health FSA”).  For  taxable years beginning in 2018, the dollar limitation on voluntary employee salary reductions for contributions to a health FSA is $2,650.  Which is an increase of $50 from 2017.

A table outlining additional limits & annual fees that impact employer benefit plans is available on Compliancedashboard.