3 ms·
According to http://www.irs.gov/publications/p969/ar02.html#en_US_publink1000204180 http://www.irs.gov/publications/p969/ar02.html#en_US_publink... , there is c
by anamax 16y ago
According to http://www.irs.gov/publications/p969/ar02.html#en_US_publink1000204180 http://www.irs.gov/publications/p969/ar02.html#en_US_publink... , there is currently no statutory limit on FSA (Flex Spending Accounts) contributions although every plan must impose a limit.
In other words, your plan can impose a $1M limit today.
I'm still trying to track down how Obamacare changes that.