The IRS has announced an increase to the 2027 maximum allowed pre-tax contribution for flexible spending accounts. Since you already submitted your 2027 FSA/LFSA election for Open Enrollment, please be aware of the following:
- The annual maximum amount has increased from $3,400 to $3,500. Up to $700 of unused 2027 funds will be available for carry forward into 2028
- WSU has increased the maximum allowance for 2027 in Workday
- If you wish to increase your 2027 FSA or LFSA election to the new higher limit, you still have time before Open Enrollment ends. If you do nothing, your previous submission will be the one that is processed.
Your 2027 FSA / LFSA changes must be made in Workday before the WSU Open Enrollment closes at 11:59 p.m., November 23, 2026.
If you re-enter the Workday Open Enrollment site to change your FSA/LFSA election, your previous open enrollment election(s) will be deactivated, and you must fully resubmit all elections. Therefore, please be sure to click on submit, and reach the acknowledgement screen, which signifies your elections have been submitted. Your enrollment is not complete if you only re-enter FSA / LFSA changes without completing the full open enrollment process.
Please save a copy of your updated enrollment.
Questions can be directed to HRS Benefits at 509-335-4589 or hrs.benefits@wsu.edu.