IRS’ new guidance on $2,500 FSA cap: 5 keys

June 4, 2012 by Christian Schappel

The Internal Revenue Service just issued guidance for employers and administrators of flexible spending accounts (FSAs) as they plan for the new rules that take effect in January 2013. 

As you know by now, the healthcare reform law contains a rule that annual contributions to FSAs will be capped at $2,500 beginning in 2013.

And the guidance clarifies these aspects of that rule: 

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