Contribution limits are changing.
If you enroll or re-enroll in the Health Care FSA or Limited Use Health Care FSA, the contribution limit is increasing to $3,200 (up from $3,050). Benefit Bucks you apply toward a Health Care FSA or Limited Used Health Care FSA will count toward your contribution limit.
If you are a Highly Compensated Employee, as defined by the IRS, your Dependent Care FSA contribution limit will decrease to $3,000 (from $3,700) due to IRS compliance requirements. You will be notified if this applies to you.
Reminder: Deadline to spend your FSA
If you elect to enroll in a Health Care FSA, Limited Use Health Care FSA or Dependent (Day) Care FSA for 2025, you will only have until December 31, 2025 to incur eligible expenses. In other words, all claims must be dated between January 1 – December 31, 2025 to be reimbursed. (This is a change from prior years in which you had an additional 2½ months into the following year to incur expenses.) You will still have until March 31, 2026 to file your claims, but the claims must be for services and expenses incurred in 2025.