2023 FSA contributions
If you participate in the Health Care FSA or the Limited Use Health Care FSA, the contribution limit is increasing to $2,850. Any Benefit Bucks applied toward a Health Care FSA or Limited Used Health Care FSA will apply toward your contribution limit.
2023 Health Savings Account (HSA) contributions
1. If you turn age 55 by December 31, 2023, you can contribute an additional $1,000.
2. Benefit Bucks applied toward your HSA will apply toward your maximum contribution limit.
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Good to know about your HSA: Schneider Electric deposits the full HSA Company contribution to your account by the end of January. You can use your HSA to save and pay for eligible health care expenses tax-free — now and in the future. Any Benefit Bucks you choose to contribute will be deposited on a per-pay-period basis.
