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Is $5,000 the maximum election for a family for a Flex account? Or is it allowable for me to elect $5,000 and my husband could in theory elect for $5,000 on his own Flex account?
Thank you,
Shawn
I’m
wondering
What is the maximum FSA election amount per year?
Official
Response
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The $5,000 maximum election for a Dependent Care Flex account is per family while any applicable Medical FSA limit (not sure which you were asking about) is per employee.
EMPLOYEE
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The $5,000 maximum election for a Dependent Care Flex account is per family while any applicable Medical FSA limit (not sure which you were asking about) is per employee.Comment
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