2013 Year End Contribution for Healthcare Spending Accounts
Date:
Wednesday, December 25, 2013
2013 Year End Contribution for Healthcare Spending Accounts
Time is running out! December 31st is Rapidly Approaching 
It’s not too late to make your final contributions to your health spending accounts.
Make your tax free (or tax deductible) contribution by December 31st.
HSA (Health Savings Accounts)
Maximum Contributions for:
Single: $3,250 55 + Years Old: $4,250
Family: $6,450 55 + Years Old: $7,450
And for those who may not know.
The IRS has amended the Use it or Lose it Rule for Flexible Spending Accounts.
You are now allowed to carry over unused amounts up to $500. There are plan requirements that must be in place.
Below is a link to the Treasury Departments Press Release which will provide you with the details and includes a link to the modified rule and a fact sheet on FSA’s and the new modification.
Treasury Modifies "Use-or-Lose" Rule for Health Flexible Spending Arrangements
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