On October 18, 2022, the IRS announced an increase to the medical flexible spending limit from $2,850 to $3,050 for 2023. If an employer allows the carryover of unused health FSA amounts, the maximum carryover amount will increase from $570 to $610.
Sioux Empire SHRM is a 501(c)6 non-profit organization. | PO Box 1302 | Sioux Falls, SD 57101 | Chapter #217
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