The IRS has released Revenue Procedure 17-58 which presents the 2018 cost-of-living adjustments for several tax-related limits including those for the health flexible spending arrangements (“Health FSA”). For taxable years beginning in 2018, the dollar limitation on voluntary employee salary reductions for contributions to a health FSA is $2,650. Which is an increase of $50 from 2017.
A table outlining additional limits & annual fees that impact employer benefit plans is available on Compliancedashboard.
