Tax-Advantaged Plans Updates (2026) Webinar (10.07.25)-2026 Updates on Tax-Advantaged Plans - Webinar (100725)

Video Transcription

Video Summary

Janice and Sarah from Washington’s Health Care Authority review SEBB tax-advantaged benefits and key 2026 updates. For the UMP High Deductible Health Plan (CDHP with HSA), the IRS minimum deductible increases to $1,700 individual (up $50) and $3,400 family (up $100). HSA annual contribution limits rise to $4,400 individual and $8,750 family; members must account for the State of Washington’s contributions ($375 single / $750 family, deposited throughout the year) plus any employee/employer deposits to avoid exceeding limits.<br /><br />They explain FSAs: a standard FSA for eligible medical, dental, and vision expenses, and a Limited Purpose FSA (primarily for those with an HSA) limited to dental/vision. For 2026, the maximum FSA election is expected to increase from $3,200 to at least $3,300; if announced before open enrollment ends, SEBB will adopt it and allow an automatic “increase to new max” checkbox. The FSA carryover limit will be $660 (only if at least $120 remains and the employee re-enrolls).<br /><br />DCAP limits increase in 2026 to $7,500 (joint/single) or $3,750 (married filing separately). A new SEBB “CBA FSA” provides a one-time $200 employer contribution for eligible employees earning $40,000 or less (state fiscal year), with restrictions (e.g., cannot waive medical or enroll in UMP HDHP/HSA). Claims must be incurred by Dec. 31 and filed by March 31.

Keywords

SEBB tax-advantaged benefits

2026 IRS deductible increase

UMP High Deductible Health Plan (CDHP)

Health Savings Account (HSA) contribution limits

Flexible Spending Account (FSA) maximum election and carryover

Limited Purpose FSA (dental and vision)

Dependent Care Assistance Program (DCAP) limit and SEBB CBA FSA $200 contribution