Keep reading for the updated limits in each category. Employees participating in an fsa can contribute up to $3,200 during the 2024 plan year, reflecting a $150 increase over the 2023 limits.
The irs announced the hsa contribution limits for 2024. On november 10, via rev.
For 2024, The Health Fsa Contribution Limit Is $3,200, Up From $3,050 In 2023.
In 2024, workers can add an extra $150 to their fsas as the annual contribution limit rises to $3,200 (up from $3,050).
Hereโs What You Need To Know About New Contribution Limits Compared To Last Year.
But there is a caveat:
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The Internal Revenue Service (Irs) Recently Announced An Annual Inflation Adjustment For The Flexible Spending Arrangement (Fsa) Contribution Limits For The 2024 Plan Year.
For 2024, the fsa annual salary reduction limits are set at $3,200, up almost 5% from $3,050 in 2023.