The Benefit Group - FAQ - What are the maximum amounts I can set aside for my Flexible Spending Accounts?

What are the maximum amounts I can set aside for my Flexible Spending Accounts?

For the Health Care maximum annual election amount, contact your benefit department.

The IRS sets the Dependent Care maximum at $5,000 per year. If you are married and filing separately, you may only contribute up to $2,500.

The information above summarizes general employee benefit provisions. It is not intended to specify details of any particular employer's plan, nor is it a guarantee of benefits. Contact your benefit representative about specific details regarding your company's employee benefit plan.