What is the maximum amount of money I can elect annually for an FSA?

11/02/2017

For a medical FSA, the maximum annual election is set by your company and can be found in the Summary Plan Description (SPD). For a dependent care FSA, the maximum annual election is set by the IRS and is as follows:

  • Married Filing Jointly or Single Head of Household, $5,000
  • Married Filing Separately, $2,500