FSA-HSA Contribution Limits for 2024
Wondering how much tax savings is available through both an FSA and HSA in 2024? Here’s the answer, along with a link to eligible FSA purchases.
FSA Reminder: Use it or lose it!
Remember, only $500 of employee flexible spending account (FSA) dollars will roll over to 2016. Remind employees to exhaust any balance beyond $500!
Laura Lancaster, PHR, SHRM-CP
Dec 2, 2015
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Remember, only $500 of employee flexible spending account (FSA) dollars will roll over to 2016. Click here to see the comprehensive IRS list of qualifying FSA expenses.
Please encourage employees to use up any surplus FSA balance in December to avoid losing their money! Common purchases may include eyeglasses, contact lenses, bandages, eye exams, doctor’s office co-pays, dental expenses, chiropractor services, and surgeries.
To learn more about enrolling in a 2016 FSA, please go here.
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