The Internal Revenue Service recently announced annual adjustments for 2025.
Flexible Spending Accounts (FSAs)
The 2025 pretax contribution limit for health care FSAs and limit purpose FSAs is $3,300. This is a $100 increase from the 2024 limit of $3,200.
The 2025 maximum carryover amount is $660. This is a $20 increase from the 2024 limit of $640.
Health Savings Account (HSAs)
The 2025 contribution limit for HSAs for an individual is $4,300, up from $4,150 in 2024 and for Family is $8,550, up from $8,300 in 2024.
The HSA catch-up contribution amount is not changing. For members who reach age 55 by December 31, 2025, the catch-up amount is $1,000.
Quick reminder; in order to take advantage of the HSA account you have to be enrolled on an HSA compatible health plan.