The irs recently announced that flexible spending account contribution limits are increasing from $3,050 to $3,200 in 2024. The latest mandated fsa employee contribution limits on how much employees can contribute to these accounts is shown in the table below.
Dcfsa saw no change to limits, which are set by statue and not linked to inflation. For 2024, participants may contribute up to an annual maximum of $3,200 for a hcfsa or lex hcfsa.
In 2024, Employees Can Contribute Up To $3,200 To A Health Fsa.
The maximum contribution amount for employees participating in a flexible spending account will increase in 2024, according to the irs.
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).
Ogb will be extending annual enrollment for employees who entered the 2023 maximum amount of $3,050.
Images References :
$640 To A 2025 Plan.
Learn about more benefits to fsas.
The Maximum Carryover Amount Is Adjusted Annually For Inflation.
Employers that allow carryovers may impose their own limit that is lower than the maximum carryover limit.