diff --git a/src/axolotl/utils/config/models/input/v0_4_1/__init__.py b/src/axolotl/utils/config/models/input/v0_4_1/__init__.py
index 1feb8aae8..10899d1f9 100644
--- a/src/axolotl/utils/config/models/input/v0_4_1/__init__.py
+++ b/src/axolotl/utils/config/models/input/v0_4_1/__init__.py
@@ -1402,6 +1402,16 @@ class AxolotlInputConfig(
             )
         return data
 
+    @model_validator(mode="before")
+    @classmethod
+    def check_fsdp_grad_accum_4_46_2(cls, data):
+        if data.get("fsdp") and data.get("gradient_accumulation_steps") > 1:
+            if version("transformers") == "4.46.2":
+                raise ValueError(
+                    "FSDP w/ gradient_accumulation_steps > 1 is broken with transformers==4.46.2. "
+                    "Please use a lower value or switch to an older version of transformers."
+                )
+
 
 class AxolotlConfigWCapabilities(AxolotlInputConfig):
     """wrapper to valdiate gpu capabilities with the configured options"""