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2017 Pre-Tax Limits Announced

Mass Transit and Parking Limits

2017 pre-tax limits announced by the IRS. Tax-free limits effective for plan years that begin on/or after January 1, 2017 include:

  • Maximum annual limit for a Medical FSA will increase to $2,600
  • Maximum annual amount for eligible Adoption Assistance expenses will increase to $13,570
  • Maximum tax-free monthly mass transit and parking amounts remain at $255

If you have a Medical FSA and/or Adoption Assistance plan year that begins January 1, 2017 and would like to increase your tax-free limits, please contact your assigned Client Operations Specialist.