2025 IRS Contribution Limits for Tax Savings Accounts

November 14, 2024
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Effective January 1, 2025, the IRS is increasing contribution limits for the Healthcare Flexible Spending Account (FSA) and Transit/Parking Reimbursement Program (T/PRP) tax savings accounts. Here are the updated pre-tax contributions and rollover amounts for the 2025 calendar year:

Healthcare Flexible Spending Account (FSA): $3,300/annually / $660 rollover
Transit/Parking Reimbursement Program (T/PRP): $325/month / No rollover limit

Learn more about Columbia University’s Tax Savings programs: