The IRS released the annual inflation adjustments for 2015 yesterday, and they include the following:

  • Health Flexible Savings Arrangements (FSA) Salary Reduction Limit: $2,550
  • Transportation:
    • Parking: $250
    • Transit: $130
  • Adoption Assistance: $13,400

You can read the entire IRS release here and IRS Revenue Procedure 2014-61 here.

Information provided courtesy of the Employers Council on Flexible Compensation (ECFC), of which Glynn Griffing & Associates, Administrators is a proud member.

 

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