Fsa 2024 Limits. In 2024, workers can add an extra $150 to their fsas as the annual contribution limit rises to $3,200 (up from $3,050). Here are the new 2024 limits compared to 2023:
Some employees may be able to eliminate more taxes next year and save more money because the irs has announced new increased contribution limits to flexible spending accounts (fsa), health savings accounts (hsa), commuter benefits, and more for 2024. 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.
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