Fsa 2024 Limits

Fsa 2024 Limits. An fsa contribution limit is the maximum amount you can set. The irs released 2024 contribution limits for medical flexible spending accounts (medical fsas), commuter benefits, and more as part of revenue procedure.

For fsas, the employee contribution cap will undergo a 5% increase, rising from $3,050 to $3,200. 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%.