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KSRE Tuesday Letter

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K-State Research and Extension
123 Umberger Hall
Manhattan, KS 66506-3401
785-532-5820
extadmin@ksu.edu

October 25, 2022

FSA Limits for 2023

Submitted by Mary N Gatza

The IRS has released updated maximum contribution limits for 2023 Health Care, Limited Purpose, and Commuter Flexible Spending Accounts (FSAs). Should you wish to update your contribution amounts for 2023, you may log into MAP and make adjustments to your elections before October 31, 2022.

2023 FSA Maximums:

  • Health Care FSA - $3,050/year
  • Limited Purpose FSA - $3,050/year
  • Parking FSA - $300/month
  • Mass Transit FSA - $300/month

Open enrollment is still upon us but only until October 31, 2022. Please make your selections through the Membership Administration Portal before that date to secure your 2023 benefits.