2016 FSA Limits
No changes have been made to the 2016 FSA Limits. Please see the 2015 limits below.
2016 Transportation Benefits
For 2016, the monthly limit on the amount that may be excluded from an employee’s income for qualified parking benefits will be $255 (a $5 increase from the 2015 monthly limit of $250). The combined monthly limit for transit passes and vanpooling expenses for 2016 will remain at $130.
2015 FSA Limits
For all Health Care FSA plans that begin on any day in 2015, a new limit of $2550 has been imposed to Health Care Reform.
This is a per employer per plan year maximum. Individual salary reductions are capped at this limit, and any employer contributions are not counted as part of this maximum.
2015 Mileage Rates for Medical Care
Mileage Rates for Medical Care for 2015 are currently 23¢ per mile.