Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

If a GE married couple is covered under one spouse as two person, or family coverage, can both spouses have their own FSA?

April 26, 2017Couple coverage Covered family FSA GE married person spouse spouses

0

Posted

If a GE married couple is covered under one spouse as two person, or family coverage, can both spouses have their own FSA?

1 Answer

0

Posted

A. Yes, each employee in this instance can have their own Healthcare FSA and each can fund their account up to $5,000. Dependent Day care accounts are limited by the IRS to a $5,000 maximum contribution per family. Both employees can have their own dependent day care FSA, however their combined contributions cannot exceed $5,000.