On October 18th, 2022, the IRS announced the 2023 contribution limits for flexible spending accounts (FSA).
Health FSA Maximum Increase
The Health FSA maximum has increased to $3,050 (from $2,850). The increase is double the $100 rise from 2021 to 2022 and reflects recent inflation.
Health FSA Carryover
The Health FSA Carryover maximum has increased to $610 (from $570).