The irs has just announced updated 2024 fsa contribution limits, which are seeing modest increases over 2023 amounts. For 2024, there is a $150 increase to the contribution limit for these accounts.
The fsa maximum contribution is the maximum amount of employee salary. The 2024 fsa contributions limit has been raised to $3,200 for employee contributions.
For 2024, The Health Fsa Contribution Limit Is $3,200, Up From $3,050 In 2023.
For 2024, the minimum deductible for a family health plan will be at least $3,200, up from $3,000 in 2023.
This Is Up From $3,050 In 2023.
An employee who chooses to participate in an fsa can contribute up to $3,200 through payroll deductions during the 2024 plan year.
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The 2024 Fsa Contributions Limit Has Been Raised To $3,200 For Employee Contributions.
The irs released 2024 contribution limits for medical flexible spending accounts (medical fsas), commuter benefits, and more as part of revenue procedure.
This Position Is Expected To Start Around August 2024 And Continue Through The Fall Term (I.e.