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Benefit Limits

Tax-Advantaged Plan Limits and Thresholds

The limits listed below reflect the regulatory limits allowed for each benefit account. Individuals/participants should refer to their Summary Plan Description (SPD) or check with their Plan Sponsor (employer) to understand their specific plan limits.

 

2023

2022

2021

Flexible Spending Accounts (FSAs)
Healthcare FSA max election (per year)   $2,850 $2,750
Dependent Care FSA max election (per year)   $5,000 $10,500
Standard healthcare mileage rate

  $.18/mile1
$.22/mile2
$.16/mile

Healthcare FSA Carryover   $570 Unlimited
Dependent Care FSA Carryover   N/A Unlimited

 

Health Savings Accounts (HSAs)
HDHP min annual deductible - Self-only $1,500 $1,400 $1,400
HDHP min annual deductible - Family $3,000 $2,800 $2,800
HDHP out-of-pocket max - Self-only $7,500 $7,050 $7,000
HDHP out-of-pocket max - Family $15,000 $14,100 $14,000
HSA max contribution limit - Self-only $3,850 $3,650 $3,600
HSA max contribution limit - Family $7,750 $7,300 $7,200
HSA catch up contribution limit (age 55) $1,000 $1,000 $1,000

 

Transportation Benefits
Parking Account   $280/mo $270/mo
Transit Account   $280/mo $270/mo
 
Qualified Small Employer HRA (QSEHRA)
Single

  $5,450
$454.17/mo
$5,300
$441.67/mo
Family

  $11,050
$920.83/mo
$10,700  
$891.67/mo
 

Excepted Benefit HRA (EBHRA)

$1,950 $1,800 $1,800

  1. For services provided between January 1, 2022 and June 30, 2022.
  2. For services provided between July 1, 2022 and December 31, 2022.
FSA - SECTION 125 - FLEXIBLE SPENDING ACCOUNTS | | HSA - HEALTH SAVINGS ACCOUNTS | COBRA ADMINISTRATION | FMLA ADMINISTRATION | ERISA ADMINISTRATION |