If you’re one of the many employers offering flexible benefits, then it’s important to know just how much you and your employees are allowed to contribute. By the end of each year, the Internal Revenue Service (IRS) announces benefits plan limits for the upcoming year  — and the numbers are in for 2022. Strikingly, many increases are in store.

Before we get into the changes, let’s define “flexible benefits.”

What are flexible benefits?

According to Healthcare.gov, a flexible benefits program “offers employees a choice between various benefits including cash, life insurance, health insurance, vacations, retirement plans, and child care.” Other

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