HR Fast Facts: Does my LPFSA Contribution Limit Reset if I Join Another Company?

Yes! Your contribution limits (and LPFSA) are tied to your employer’s plan.

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Yes! Your contribution limits (and LPFSA) are tied to your employer’s plan. If you contribute to an LPFSA through one employer, then leave for another employer and contribute to a new LPFSA, you can contribute up to the annual limit through your new employer, regardless of how much you contributed through the previous employer.

For example, if you contributed $2 ,850 (2022  limit ) to a LPFSA with your previous employer, and you switch jobs in the same year, you can also contribute up to $2 ,850 with the new employer.

This specifically applies to Health Care FSAs (Limited and Full Purpose) only, not Dependent Care FSAs.

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