Fsa Limits 2024 Per Person. In 2024, workers can add an extra $150 to their fsas as the annual contribution limit rises to $3,200 (up from $3,050). The irs has increased the flexible spending account (fsa) contribution limits for the health care flexible spending account (hcfsa) and the limited expense health care.
The irs recently announced that flexible spending account contribution limits are increasing from $3,050 to $3,200 in 2024. For 2024, the health fsa contribution limit is $3,200, up from $3,050 in 2023.
On November 10, Via Rev.
Here are the new 2024 limits compared to 2023:
Fsa Contribution Limits 2024 The Irs Establishes The Maximum Fsa Contribution Limit Each Year Based On Inflation.
Amounts contributed are not subject to federal income tax, social security tax or medicare tax.
Fsa Limits 2024 Per Person Images References :
Here, A Primer On How Fsas Work.
The irs released 2024 contribution limits for medical flexible spending accounts (medical fsas), commuter benefits, and more as part of revenue procedure.
The Internal Revenue Service (Irs) Announced New Cola Adjustments And Maximum Fsa Contribution Limits For 2025.
For 2024, as in 2023, the dependent care fsa limit is $5,000 for single filers and couples filing jointly, and $2,500 for married couples filing separately.