Versatile spending accounts (FSAs) are employer-sponsored accounts that permit workers to put aside pre-tax {dollars} to pay for certified medical bills. The funds in an FSA can be utilized to pay for quite a lot of bills, together with physician’s visits, pharmaceuticals, and dental care. The boundaries on how a lot cash may be contributed to an FSA are set by the Inner Income Service (IRS) annually.
For 2025, the IRS has set the next limits on FSA contributions:
