2024 Fsa Maximum Contribution Increase Per Year

2024 Fsa Maximum Contribution Increase Per Year. Your taxable income by up to $3,000 per year,” he added. An employee who chooses to participate in an fsa can contribute up to $3,200 through payroll deductions during the 2024 plan year.

But for 2024, you can contribute up to $3,200 to a health fsa. Employers can allow employees to carry over $640 from their medical fsa for taxable years beginning in 2024, which is a $30 increase from 2023.