Each employee may only elect up to $3,200 in salary reductions in 2024, regardless of whether he or she has family members who benefit from the funds in that. But if you do have an fsa in 2024, here are the maximum amounts you can contribute for 2024 (tax returns normally filed in 2025).
For 2024, the health fsa contribution limit is $3,200, up from $3,050 in 2023. 1, 2024, the contribution limit for health fsas will increase another $150 to $3,200.
The Irs Set A Maximum Fsa Contribution Limit For 2024 At $3,200 Per Qualified Fsa ($150 More Than The Prior Year).
The 2024 fsa contributions limit has been raised to $3,200 for employee contributions (compared to $3,050 in 2023).
Here Are The New 2024 Limits Compared To 2023:
The irs sets annual contribution limits for fsas, which can change to.
Images References :
1, 2024, The Contribution Limit For Health Fsas Will Increase Another $150 To $3,200.
An employee who chooses to participate in an fsa can contribute up to $3,200 through payroll deductions during the 2024 plan year.
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.