Cafetiria Plans - Medical Reimbursment Accounts

PSRHR · December 2003

Does anyone know if there is a maximum amount an employee can have deducted for his/her medical remibursment plan?

LindaS · December 2003

I'm assuming you're talking about a flexible spending plan and if so the answer is no, there isn't any federally mandated maximum for health reimbursement. That is determined by the company. Dependant care, however, has a maximum and I believe it is $5,000 per year.

mrsbowden · December 2003

I agree with LindaS I think the Dependant care max is $5,000. Our Health max is $3,000..determined by the company

Hunter1 · December 2003

And, because you could potentially lose the maximum dollar amount that you set (employee spends the maximum early in the year and leaves employment and you cannot recoup the money) you may think it is wise to set a relatively low maximum.

Cafetiria Plans - Medical Reimbursment Accounts

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