The IRS for 2015 annual contribution limit for health Flexible Spending Accounts (FSAs) recently set. The maximum election amount for FSAs in 2015 $ 2550 to $ 50 in 2014 
contribution limits FSA Annual
As of 2013, the Affordable Care Act introduced new annual contribution limits for health FSAs. The maximum annual contribution limit for FSAs will increase for 2015 to $ 2,550 to $ 50 in 2014 This is the first time the annual ceiling FSA was post increases since 2013, when the annual limit of introduced the healthcare reform law.
| Health FSA annual contribution limit | |
| 2013 | $ 2,500 |
| 2014 | $ 2,500 |
| 2015 | $ 2,550 |
Further changes to FSAs
to the new contribution limits FSAs have addition, new "use it or lose it" rules. From 2014 may allow employers up to $ 500 in unused health FSA balances to next year to rollover.
See related: HRAs, HSAs and FSAs - changes under health reform
About FSAs
[1945007FSAs] be promoted by employers, and (usually) 100% funded employees. FSAs are a way for employees to use pre-tax dollars for medical expenses such as doctor visit copays, Vision to pay costs and prescription drug costs.
federal officials estimated that 14 million American families use FSAs. In a recent survey of large employers conducted by Mercer, offered 86% health FSAs, but attended only 23% of employees. The average employee contribution was $ 1,484 in the past year and the percentage of total dollars was forfeited 4%
Source :. IRS
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