For the 2024 plan year, employees can contribute a maximum of $3,200 in salary reductions. The irs announced that the health flexible spending account (fsa) dollar limit will increase to $3,200 for 2024 (up from $3,050 in 2023) employers may impose.
The american rescue plan act of 2021 (arpa), signed into law by president biden on march 11, 2021, increases the amount employees. Employees participating in an fsa can contribute up to $3,200 during the 2024 plan year, reflecting a $150 increase over the 2023 limits.
As Health Plan Sponsors Navigate The Open Enrollment Season, Itโs Important That Employees Are Made Aware Of The Adjusted Limits As They Update Their Enrollment.
If the fsa plan allows unused fsa.
Here, A Primer On How Fsas Work.
This is a $150 increase from the 2023 limit of $3,050.
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For The 2024 Plan Year, Employees Can Contribute A Maximum Of $3,200 In Salary Reductions.
For 2024, the fsa annual salary.
The Irs Confirmed That For Plan Years Beginning On Or After Jan.
