When Will Irs Release 2024 Fsa Limits

When Will Irs Release 2024 Fsa Limits. The dollar limitation on voluntary employee salary reductions for contributions to health flexible spending accounts (fsa) is increasing to $3,200 (up from $3,050). The irs has recently disclosed adjustments to contribution limits for 2024, bringing some changes to both fsas and hsas.


When Will Irs Release 2024 Fsa Limits

The annual contribution limit for iras will increase to $7,000, up from $6,500. For fsas, the employee contribution cap will undergo a 5% increase, rising from $3,050 to $3,200.

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