IRS Plan Limits for 2022 - 2023

We stop at nothing to bring you clarity! Below you will find the most recent IRS Plan limits for 2022 - 2023.

2023 HSA plan limits were announced in April and the chart below reflects those new numbers. Please check back often for additional 2023 limits.

If you are a clarity participant, refer to the Clarity Portal for your specific plan information and limits.

Health Savings Accounts (HSA)

Dependent Care Accounts (DCA)

Flexible Spending Accounts (FSA)

FICA Taxable Wage Base

Transportation Benefits

 

Health Savings Accounts (HSA)

2023

2022

HDHP Minimum Annual Deductible
Code 223(c)

 

 

Self-Only

$1,500

$1,400

Family

$3,000

$2,800

HDHP Out-of-Pocket Maximum
Code 223(c)

 

 

Self-Only

$7,750

$7,050

Family

$15,000

$14,100

HSA Maximum Contribution Limit
Code 223(b)

 

 

Self-Only

$3,850

$3,650

Family

$7,750

$7,300

HSA Catch-Up Contribution Limit
Code 223(b)

$1,000

$1,000

Dependent Care Accounts (DCA)

2023

2022

Maximum DCA Amount Code 129 and 21

 

 

Unless Married Filing Separately

$5,000

$5,000

If Married Filing Separately

$2,500

$2,500

Deemed Income of Spouse Incapable of Self-Care or Full-Time Student Code 129 and 21

 

 

With 1 Qualifying Individual

$250/mo

$250/mo

With 2 or More Qualifying Individuals

$500/mo

$500/mo

Flexible Spending Accounts (FSA)

2023

2022

Maximum Health FSA Salary Reductions
Code 125

$3,050

$2,850

Maximum Carryover to Next Plan Year
IRS Notice 2020-33

$610

$570

FICA Taxable Wage Base

2023

2022

Social Security

 

 

Maximum Taxable Earnings

$160,200

$147,000

Employer Tax Rate

7.65%

6.2%

Employee Tax Rate

7.65%

6.2%

Transportation Benefits

2023

2022

Parking
Code 132(f)

$300/mo

$280/mo

Transit Passes & Vanpooling (combined)
Code 132(f)

$300/mo

$280/mo

 

Important note: Plan limits may vary per company, check your company's plan documents for your specific plan limit.