Fsa 2024 Max Contribution
Fsa 2024 Max Contribution. The irs recently announced that flexible spending account contribution limits are increasing from $3,050 to $3,200 in 2024. Amounts contributed are not subject to federal income tax, social security tax or medicare tax.
Each year, the irs sets the contribution limits for individuals opening an fsa. Here’s what you need to know about new contribution limits compared to last year.