The irs has increased the flexible spending account (fsa) contribution limits for the health care flexible spending account (hcfsa) and the limited expense health care. If an employee enrolled in this type of fsa before january 31, 2020, and their qualifying child turned 13 during the.
But if you have an fsa in 2024, here are the maximum amounts you can contribute for 2024 (tax returns normally filed in 2025). There are no changes to dependent.
An Employee Who Chooses To Participate In An Fsa Can Contribute Up To $3,200 Through Payroll Deductions During The 2024 Plan Year.
In 2024, the fsa contribution limit is $3,200, or roughly $266 a month.
The Internal Revenue Service Has Announced That Federal Employees May Contribute Up To A Maximum Of $3,200 In Health Care Or Limited Expense Health Care.
You can contribute up to $5,000 in 2024 if youโre married and file jointly with your spouse, or if youโre a single caretaker for a dependent.
Images References :
Dependent Care Fsa Child Age Limits Extended.
The limits listed below reflect the regulatory limits allowed for each benefit account.
If An Employee Enrolled In This Type Of Fsa Before January 31, 2020, And Their Qualifying Child Turned 13 During The.