An upcoming $2,500 limit on the contribution amount for medical flexible spending accounts likely won't impact many Americans, according to a survey conducted by the American Payroll Association.
Only 12 percent of employees contribute $2,500 or more to their company's FSA; 39 percent say they contribute less than $2,500; and 46 percent don't participate in an FSA at all.
The statistics are somewhat surprising considering workers on average paid nearly $4,000 toward the cost of family health coverage in 2010, according to reports from the Kaiser Family Foundation and the Health Research & Educational Trust.
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