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The IRS released 2022 contribution limits for medical flexible spending accounts (medical FSAs), commuter benefits, and more as part of RP-2021-45. An increased FSA carryover for 2022 was also announced.Â
2021 | 2022 |
$2,750 per year | $2,850 per year |
The 2022 medical FSA contribution limit will be $2,850, which is up $100 from last year.
2021 | 2022 |
$550 per year | $570 per year |
The 2022 FSA carryover is $570 per year, which is up $20 from 2021.Â
Please note: Under the CAA, employers are allowed, but not required, to permit the following for either or both of medical and dependent care FSAs:Â
2021 | 2022 |
$270 per month | $280 per month |
The monthly commuter benefits limit in 2022 for mass transit and parking is $280.Â
2021 | 2022 |
$14,400 per year | $14,890 per year |
The maximum amount that may be excluded from an employee’s gross income for the adoption of a special needs child through an adoption assistance program is $14,890. That amount is the same as what may be excluded from that employee’s gross income for expenses incurred by an employer for qualified adoption expenses within the program.
QSEHRA | 2021 | 2022 |
Self-only | $5,300 per year | $5,450 per year |
Family | $10,700 per year | $11,050 per year |
Employer contribution limits for QSEHRAs are $5,450 for self-only and $11,050 for families.Â
HSA | 2021 | 2022 |
Self-only | $3,600 per year | $3,650 per year |
Family | $7,200 per year | $7,300 per year |
2022 HSA contribution limits were previously announced by the IRS. The limit is $3,650 for an individual and $7,300 for family.
Would you like to learn more about medical FSAs? Check out this episode of our Benefits podcast.
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