What Are The 2024 Fsa Contribution Limits. The annual limit on employee contributions to a health fsa will be $3,200 for plan years beginning in 2024 (up from $3,050 in 2023). This is the same as it was in 2023.
An fsa also allows you to save for medical expenses, but you don’t. Limits for employee contributions to 401 (k), 403 (b), most 457 plans and the thrift savings plan for federal employees are increasing to $23,000 in 2024, a 2.2%.
[2024 Fsa Updates] Health Care Fsa Plans Saw A $150 Increase In Annual Limits.
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).
Each Type Of Account Has Different Contribution Limits As Well.
This limit is per individual, so couples can each enroll in an lpfsa and contribute the maximum.
In 2024, Participants Can Contribute A Maximum Of $3,200 Per Year To Healthcare Flexible Spending Accounts.
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These Limits Undergo Annual Adjustments To Account For Inflation.
For 2024, the limits are $4,150 for single individuals and $8,300 for families.
The Maximum Contribution You Can Make To Your Health Care.
Employees participating in an fsa can contribute up to $3,200 during the 2024 plan year, reflecting a $150 increase over the 2023 limits.
