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2019 IRS Cost-of-Living Adjustments Announced for FSA and Commuter Benefits
Yesterday, the IRS announced an increase in the limit for medical Flexible Spending Accounts (FSA) to $2,700 for 2019, up $50 from 2018. This increase will allow those with a FSA plan to put away even more pre-tax dollars toward medical expenses and approved products. For additional information about this announcement, click below, or to learn more about FSAs, please contact your Advantage Administrators representative.