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 | |
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| 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 |
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| 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 |
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| Family |
$11,050 $920.83/mo |
$10,700 $891.67/mo |
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Excepted Benefit HRA (EBHRA) |
$1,950 | $1,800 | $1,800 |
- For services provided between January 1, 2022 and June 30, 2022.
- For services provided between July 1, 2022 and December 31, 2022.