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mystory16
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What is the max FSA medical contribution for married couples?

 
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2 Replies

What is the max FSA medical contribution for married couples?

The maximum amount an employee can contribute to a health care FSA is set by the employer as long as it does not exceed the Internal Revenue Service (IRS) maximum of $2,700 for the 2019 plan year. The IRS maximum is indexed to the consumer price index annually to account for changes in the cost of living.

The maximum amount an employee can contribute to a dependent care FSA is set by the employer as long as it does not exceed the IRS maximum which is $5,000 a year for individuals or married couples filing jointly, or $2,500 for a married person filing separately. Married couples have a combined $5,000 limit, even if each has access to a separate FSA through his or her employer. The dependent care FSA maximum is set by statute and is not subject to inflation-related adjustments.

An employer should advise employees to plan and allocate funds carefully because any unused funds that remain in the account at year end are forfeited.

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PaulaM
Expert Alumni

What is the max FSA medical contribution for married couples?

@mystory16 The maximum contribution is $2,700 for 2019 per individual. However, a married couple can contribute a maximum of $5,000, as Critter has indicated above.

 

IRS pub 969

 

[edited 11-22-19 | 6:21 am pst]

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