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2022 Health FSA Contribution Cap Rises to $2,850

Nov 22, 2021
Category
Compliance News

FSA

The Society for Human Resource Management reports that employees can put an extra $100 in their health care flexible spending accounts (FSAs) next year. The IRS announced on November 10 that the annual contribution limit is rising to $2,850. But with open enrollment for the 2022 benefits year already under way at many organizations, the increase may have come too late for some employees to take advantage of it.

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