The IRS has announced increased limits for 2020 FSAs. The Medical FSA Limit will increase to $2,750 in 2020 and the Commuter Benefit Limits will increase to $270 per month in 2020.
2020 Contribution Limits
- Health FSA – $2,750
- Dependent Care FSA – $5,000 (individuals or married couples filing jointly)
- Dependent Care FSA – $2,500 (married person filing separately, $5,000 limit for married couples)
- Commuter Benefits – $270 per month
- HSA Limits – $3,550 (single) $7,500 (family)
