2015 Health FSA and Commuter Transit & Parking Limits

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October 30, 2014, the Internal Revenue Service announced the annual inflation adjustments for Health FSAs and Commuter Transit and Parking benefits in Revenue Procedure 2014-61.

The annual dollar limit on employee contributions to employer-sponsored Healthcare Flexible Spending Accounts (FSA) is increased to $2,550. This increase applies to plan years starting January 1, 2015 and going forward.

The 2015 monthly limit for Commuter Accounts will remain the same as the 2014 monthly amounts, $250 for qualified parking and $130 for transit expenses.

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