Fsa Expenses 2024. For 2024, there is a $150 increase to the flexible spending account (fsa) contribution limit. An employee who chooses to participate in an fsa can contribute up to $3,200 through payroll deductions during the 2024 plan year.
Itโs open enrollment season for many organizations and knowing the updated fsa limits will help individuals better plan amounts to set aside. The 2024 health flexible spending account (health fsa) contribution limit for eligible health expenses is $3,200.
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).
Your company may offer you two options when you use your fsa funds.
The Irs Recently Announced That Flexible Spending Account Contribution Limits Are Increasing From $3,050 To $3,200 In 2024.
The 2024 health flexible spending account (health fsa) contribution limit for eligible health expenses is $3,200.