IRS: Employees can contribute $3,300 to healthcare FSAs in 2025.
The IRS has reminded taxpayers that during the open enrollment period for flexible spending arrangements (FSAs), they can use tax-free dollars for medical expenses not covered by other health plans. For the 2025 plan year, employees can contribute up to $3,300 through payroll deductions, which are exempt from federal income tax, Social Security tax, and … Read more