The irs released 2024 contribution limits for medical flexible spending accounts (medical fsas), commuter benefits, and more as part of revenue procedure. Employees can now contribute $150 more.
Employees can now contribute $150 more. If the fsa plan allows unused fsa.
The Irs Confirmed That For Plan Years Beginning On Or After Jan.
But if you have an fsa in 2024, here are the maximum amounts you can contribute for 2024 (tax returns normally filed in 2025).
The Irs Recently Announced That Flexible Spending Account Contribution Limits Are Increasing From $3,050 To $3,200 In 2024.
Below is a summary of some of those.
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For 2024, There Is A $150 Increase To The Contribution Limit For These Accounts.
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).
The 2024 Maximum Health Fsa Contribution.
The irs set a maximum fsa contribution limit for 2024 at $3,200 per qualified fsa ($150 more than the prior year).