September 2, 2024

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Irs Fsa Contribution Limits 2024

Irs Fsa Contribution Limits 2024. For 2024, participants may contribute up to an annual maximum of $3,200 for a hcfsa or lex hcfsa. For cafeteria plans that allow the carryover of unused amounts, the maximum carryover amount for 2024 is $640.


Irs Fsa Contribution Limits 2024

For 2024, there is a $150 increase to the contribution limit for these accounts. Employers should take proactive steps to ensure compliance with the revised limits, communicate changes effectively, and provide employees with the necessary information to make informed decisions.

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