Maximum Spending Limit For Fsa In 2024. An employee who chooses to participate in an fsa can contribute up to $3,200 through payroll deductions during the 2024 plan year. The guidelines include limits on employee salary reduction.
The irs released 2024 contribution limits for medical flexible spending accounts (medical fsas), commuter benefits, and more as part of revenue procedure. A flexible spending account (fsa) is a special type of savings account that lets you set aside money on a pretax basis to pay for eligible healthcare expenses.