Tag Archives: fsa

IRS Provides Guidance Regarding New Limit on Health FSA Contributions

The Internal Revenue Service (IRS) has provided guidance regarding the new salary reduction contribution limits to health flexible spending arrangements (health FSAs) under Internal Revenue Code section 125 cafeteria plans in Notice 2012-40, issued May 30, 2012. Currently, there are no statutory limits on employee salary reduction contributions to health FSAs, but plan sponsors typically … Continue Reading
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