Partner admins can now set employee and employer contribution limits (within the federal IRS maximum) for flexible spending accounts (FSAs), limited purpose flexible spending accounts (LP-FSAs), dependent care flexible spending accounts (DC-FSAs), and commuter benefits at the template level or for an organization’s benefit plan.
How to edit contribution limits
Partner administrator feature
This feature is only available for partner administrators.
Select the Benefit Builder from the navigation menu.
Select the benefit template you want to update: FSA, LP-FSA, DC-FSA, or commuter.
Navigate to the Funding Details section and enter the max Contribution Limit per Benefit Account.
For FSA and LP-FSA benefits, enter the max Employee Contribution Limit and Employer Contribution Limit.
Select Save.
DC-FSA and commuter benefit contribution rules
Employee contribution limits can’t exceed the IRS maximum
$8,160/yr for commuter benefits
$4,080/year for transit
$4,080/year for parking
$8,160/year for commuter benefits
$7,500 per household per year for DCFSA
FSA and LP-FSA contribution rules
Employee contributions can't exceed the IRS maximum of $3,400/year.
Employers can contribute either a one-time $500, or a dollar-for-dollar match if the employee's contribution is more than $500.
Combined employee and employer contributions can't exceed twice the IRS maximum.
Example: If the employee contributes $0, the employer can make a one-time $500 contribution. If the employee contributes $1,000, the employer may contribute $1,000.
The form won’t let you save an amount that conflicts with these rules.
Default amount
If no limit is set, the benefit defaults to the current IRS maximum.