Contribution Changes

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Modify your FSA, HSA, and 401(k) contributions. Changes to FSA are only allowed during qualifying life events. 401(k) and HSA changes can be made at any time.

Annual Salary

$75,000

Monthly Gross

$6,250

Est. Tax Savings/Year

$2,244

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401(k) Pre-Tax

YTD: $1,000

Contribution Percentage

8% ($500/month)

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📈 Employer matches up to 4% ($250/month)

Annual Projection

$23,000 limit

Projected: $2,500 / $23,000

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HSA

YTD: $1,000

Current Amount

New Amount

Annual Projection

$4,150 limit

Projected: $1,600 / $4,150

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Healthcare FSA

YTD: $750

Current Amount

New Amount

Annual Projection

$3,050 limit

Projected: $1,200 / $3,050

Effective Date

FSA changes require qualifying event; 401(k)/HSA can change anytime

Reason for Change (Required for FSA)

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Important Notes: FSA changes can only be made during qualifying life events. 401(k) and HSA contributions can be changed at any time. Changes typically take 1-2 pay periods to take effect. Ensure you don't exceed annual IRS limits.