2024 Fsa Limits Increase Or Decrease

2024 Fsa Limits Increase Or Decrease. Employees can now contribute $150 more. 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. For 2024, the health fsa contribution limit is $3,200, up from $3,050 in 2023.